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Ethereum Foundation's Huge ETH Sale Shocks Community

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Ethereum price struggles continue amid big sell-off

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Notably, this is not the first sell-off triggered by the Ethereum Foundation. According to Lookonchain, the foundation has sold 2,616 ETH since Jan. 1. These sales were collectively made for 7.64 million DAI at an average price of $2,922, and they were sent to a decentralized exchange .Cardano Creator Issues Crucial Explanation for All ADA Holders, “I thought Ethereum said that the previous one was for the entire year but they keep selling again.

 

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