#Ethereum Foundation Sells ETH#
Hot Topic Overview
Overview
The Ethereum Foundation has been selling ETH recently, sparking heated discussions within the community. According to monitoring, the Foundation recently sold 100 ETH at a price of $3,364, exchanging it for 336,000 DAI. Since January 2, 2024, the Foundation has sold a total of 4,666 ETH, with a total value of approximately $13.3 million. This behavior has led to speculation within the community regarding the Foundation's financial status. Some believe the Foundation might be facing financial pressure, while others consider it to be a normal part of the Foundation's operations.
Ace Hot Topic Analysis
Analysis
The Ethereum Foundation has been continuously selling ETH recently, sparking heated discussions within the community. According to multiple sources, the Foundation recently sold 100 ETH at $3,364 per ETH, acquiring 336,000 DAI. This is the 4,666th ETH the Foundation has sold since January 2nd, 2024, totaling approximately $13.3 million. This action has sparked questions and ridicule within the community, with some speculating that the Foundation is facing financial difficulties and even suggesting they issue a MEME token to raise funds. However, the Foundation has not responded to these claims. It is noteworthy that ETH's current price is 31% lower than its 2021 peak, while Bitcoin has reached an all-time high of $109,000. This contrast has further intensified community skepticism about the Ethereum Foundation's ETH sales.