The Ethereum Foundation's address sold a total of 2,794.87 ETH within 2 hours, generating approximately $12.78 million.
MAIN CONTENT
Ethereum Foundation sold 2,794.87 ETH in 2 hours.
Average selling price above $4,570/ETH, total value approximately $12.78 million.
1,100 ETH sold in the last 5 minutes, generating over $5 million.
How much ETH has the Ethereum Foundation sold and during what time period?
Ethereum Foundation has conducted a total sale of 2,794.87 ETH within 2 hours.
Selling this significant amount of ETH helps the Foundation maintain financial resources for Blockchain development activities and the Ethereum ecosystem.
What is the average selling price and total value of the transactions?
The average price of ETH sold is $4,574.4, with a total value of nearly $12.78 million.
The accuracy price is reflected through each on-chain transaction, reflecting market price trends at that time. The total value gained from the sale reflects the importance of this transaction for the financial activities of the Ethereum Foundation.
This activity also affects liquidity and can influence the ETH price trend in the short term.
What is special about the sale of 1,100 ETH in the last 5 minutes?
In the last 5 minutes of the trading session, 1,100 ETH was sold at an average price of $4,602.1, yielding approximately $5.06 million.
High-speed transactions and slightly higher selling prices than average indicate a profit optimization strategy while maintaining market stability in the final minutes.
This activity may reflect sudden liquidity demands or adjustments in the Foundation's financial strategy in line with market developments at that moment.
Selling ETH at a reasonable price in a short time helps the Ethereum Foundation ensure necessary financial resources without causing major disruptions to the market.
Quoted from the cryptocurrency market analysis report, August 2023
Frequently Asked Questions
What is the purpose of the Ethereum Foundation selling ETH?
The foundation often sells ETH to raise funds for ecosystem development and to finance related projects.
How does the selling price of ETH affect the market?
Large selling activity can create downward pressure in the short term, but if managed well, it will not cause strong volatility.
How to determine that these transactions are from the Ethereum Foundation?
On-chain data allows tracking of confirmed official wallet addresses related to the Ethereum Foundation.
What is special about the trading in the last 5 minutes?
The quick and efficient sale of 1,100 ETH helps the Foundation optimize profits while maintaining stable market liquidity.
How to track future ETH selling activities?
In-depth on-chain analytical tools can be used to track the precise wallet addresses of the Ethereum Foundation.
Source: https://tintucbitcoin.com/ethereum-foundation-ban-2-795-eth-nhanh/
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