#Ethereum Foundation Sells ETH#
Hot Topic Overview
Overview
The Ethereum Foundation has been selling ETH recently, sparking discussions within the community. According to multiple sources, the foundation has sold 100 ETH at approximately $3,364 per ETH multiple times, totaling 4,666 ETH sold for around $13.3 million. This action has led to speculation about the foundation's financial status, with some believing that they may be facing financial pressure, while others consider it a normal part of their operations. Although the foundation has yet to officially respond to the matter, this event has undoubtedly reignited concerns about the future direction of the Ethereum Foundation.
Ace Hot Topic Analysis
Analysis
The Ethereum Foundation has been selling ETH recently, sparking debate in the community. According to the latest news, the Ethereum Foundation has recently sold another 100 ETH, exchanging it for 336,000 DAI at a price of $3,364. This is the latest instance of the Foundation selling ETH recently. Since January 2nd, 2024, the Foundation has sold a total of 4,666 ETH, worth approximately $13.3 million. This move has sparked questioning and ridicule from the community, with some suggesting the Foundation is facing funding shortfalls and even proposing that the Foundation issue a MEME token to raise funds. However, the Foundation has not responded to this, and the reason for its ETH sales remains unclear.