New Ethereum Sale from Ethereum Foundation! How Many ETH Was Sold?

As we entered an important week in Bitcoin and cryptocurrencies, there was a sale on the largest altcoin Ethereum front.

According to Lookonchain’s post, a wallet belonging to the Ethereum Foundation sold 1,700 ETH about half an hour ago.

The Ethereum Foundation sold these ETHs for 2.74 million USDC at a price of $1,611.

“Ethereum Foundation wallet 0x9ee4 sold 1,700 ETH for 2.74 million USDC at $1,611 30 minutes ago.”

Grant Provider: 0x9ee4(Ethereum Foundation wallet) sold 1,700 $ETH for 2.74M $USDC at a price of $1,611 30 minutes ago.https://t.co/VPgNRkhGcA pic.twitter.com/PFUl1tFIaX

— Lookonchain (@lookonchain) October 9, 2023

The address currently contains 240,678 ETH, 7,096 USDC, 49,658 DAI and 10,125 ARB.

Ethereum is trading at $1,614 at the time of writing.

*This is not investment advice.

Source