Ethereum Foundation Just Sold Millions in ETH Before Price Made Another Drop

South Africa News News

Ethereum Foundation Just Sold Millions in ETH Before Price Made Another Drop
South Africa Latest News,South Africa Headlines
  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

A large ETH sell transfer made by Ethereum Foundation was spotted before the price continued with its fall

According to various on-chain data sources, earlier today, Ethereum Foundation transferred a substantial amount of Ethereum to Uniswap dex. 1,700 ETH was sold for 2.738 million USDC.

After the aforementioned sale, the wallet linked to the Ethereum Foundation contains 240.68 ETH, 3.2 million USDC, 49,700 DAI stablecoins and 10,000 ARB. All these crypto assets are worth $3.687 million in total.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ethereum (ETH) Might Receive Mini DApps With This ERC: DetailsEthereum (ETH) Might Receive Mini DApps With This ERC: DetailsWeb3 researcher Stacy Muur analyzes opportunities ERC-5169 might unlock for Ethereum (ETH)
Read more »

Cardano (ADA) Outshines DOT, LINK, ETH in This Area: DetailsCardano (ADA) Outshines DOT, LINK, ETH in This Area: DetailsCardano (ADA) leads peers in developer activities
Read more »

Cosmos-Based Stride Governance Token, STRD, Surges 330% YTD, Outperforming ETH and LDOCosmos-Based Stride Governance Token, STRD, Surges 330% YTD, Outperforming ETH and LDOCrypto Blog
Read more »

HTX claws back $8M in stolen funds, issues 250 ETH bounty to hackerHTX claws back $8M in stolen funds, issues 250 ETH bounty to hackerHTX initially threatened to take legal action against the hacker if they didn’t return the funds by Oct. 2, however, the matter has now been resolved.
Read more »

HTX hacker returns funds, Justin Sun confirms 250 ETH 'whitehat bonus'HTX hacker returns funds, Justin Sun confirms 250 ETH 'whitehat bonus'The hacker behind the approximate 5,000 ETH exploit on crypto exchange HTX (formerly Huobi) last month has returned the stolen funds.
Read more »

3 reasons why Ethereum price can't break $2K3 reasons why Ethereum price can't break $2KA bearish Ethereum fractal meets lower network activity as Ether's price struggles to break above $2,000.
Read more »



Render Time: 2025-02-26 21:02:00