Ethereum Foundation sells ETH again through Cowswap

Golden Finance latest report, according to the real-time monitoring of on-chain analyst @ai_9684xtpa, five minutes ago, the Ethereum Foundation successfully sold 100 Ethereum (ETH) again through the Cowswap platform. The total amount of this transaction is as high as 370,000u, and the average price of a single ETH is 3773u.

It is worth noting that after the transaction was completed, the 370,000 DAI (a decentralized stablecoin based on Ethereum) involved was quickly transferred to a multi-signature address, specifically 0xbC9...EfbC3. However, the specific purpose of this batch of DAI is still unclear, which has triggered widespread speculation and discussion in the market.

As an important promoter of the Ethereum ecosystem, the Ethereum Foundation has attracted much attention from the market for every asset operation. The sale of ETH through the Cowswap platform and the rapid transfer of the resulting DAI have undoubtedly brought new dynamics to the Ethereum ecosystem. Although the purpose of DAI is still unclear, the market generally expects that this move will have a positive impact on the development of the Ethereum ecosystem. #ETH