THE ETHEREUM FOUNDATION MAY BE SELLING BUT...

SHARPLINK IS BUYING

SharpLink has acquired 10,000 $ETH directly from the Ethereum Foundation

-SharpLink Gaming $SBET acquired 10,000 ETH from Ethereum Foundation

-Deal closed at ~$25.7M

-average price of $2,572

-ETH Foundation will use funds for protocol R&D, ecosystem development, and grants

-Sale was part of the foundation’s ongoing treasury management

Sources: SharpLinkGaming