PANews July 12 news, according to on-chain analyst Yu Jin's monitoring, the non-profit development organization Argot Collective, which received 7,000 ETH in operating funds from the Ethereum Foundation, sold 1,206.6 ETH for 3.61 million USDC 6 hours ago. Since starting to sell ETH for stablecoins yesterday, it has sold a total of 2,416.6 ETH for 7.106 million USDC, with an average selling price of $2,941.
Previously reported, a wallet associated with the Ethereum Foundation sold 1,206.7 ETH, worth approximately 3.61 million US dollars.
