$ETH The Ethereum Foundation address has sold another 1,100 ETH for $4.89M DAI.
Over the past three days, the Foundation has sold a total of 7,294 ETH for $33.25M DAI at an average price of $4,558. Additionally, they transferred 16,000 ETH (worth $71.45M) and $6M DAI to a newly created wallet.
What’s your take – Will this steady selling and large transfer weigh on ETH’s price momentum, or is it simply strategic treasury management by the Foundation?
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