en.bitcoinsistemi.com
Following the allegations that Vitalik Buterin sold Ethereum, today it is being said that the Ethereum Foundation is selling $ETH.
According to Onchain data, minutes ago, cryptocurrency wallets affiliated with the Ethereum Foundation sold 450 $ETH for approximately 1 million DAI. When the data is examined, it is observed that they sold 550 $ETH in total, corresponding to $ 1.28 million, in the last four days, and they did this at an average price of 2,324.
On the other hand, in the previous development, multisig wallets that received $ETH from wallets associated with Vitalik Buterin seem to have been caught in a large-scale $ETH selling wave.
The wallet, which received 3,800 $ETH worth approximately $10 million from Buterin between August 9 and August 30, is constantly selling. The cryptocurrency wallet, which has sold 760 $ETH for $1.83 million so far, completed these transactions at $2,414.
The Ethereum Foundation has been criticized for not reporting its sales in advance and being transparent. However, in its latest statement, the $ETH Foundation stated that it sold these funds due to its own treasury management expenses.
*This is not investment advice.