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

📆 10/9/2023 6:55 AM
📰 Utoday_en

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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.

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