Michael Retana XTtQ
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EthereumFoundationSellsETHtoBitmineAgain
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🚨 ICYMI: Ethereum Foundation sells another 10,000 ETH OTC
The Ethereum Foundation sold 10,000 $ETH for ~$23M via OTC at $2,292 per ETH, marking its second deal with Bitmine in a week.
Funds will be used for protocol research, ecosystem grants, and community initiatives.
While some view the sales as bearish, others highlight the OTC structure avoids direct market pressure, with the Foundation still holding over 90,000 ETH.
#EthereumFoundationSellsETHtoBitmineAgain $ETH
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