The Ethereum Foundation has sold 10,000 ETH through an over-the-counter (OTC) transaction at an average price of $2,292.15 per ETH, totaling approximately $22.9 million. The counterparty for this transaction was BitMNR. The proceeds from this sale will support the foundation's core operations, including protocol development, ecosystem building, and community grants. The transaction will be executed through the foundation's multisignature address as part of its routine financial management strategy.
Ethereum Foundation Sells 10,000 ETH via OTC for $22.9 Million
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