Ethereum Foundation just sold another 10k ETH to BitMine They moved 10,000 ETH in an OTC deal at around $2,292 each that's roughly $23 million.
This is the latest in a string of sales to BitMine they did similar ones in March and last week.
The Foundation uses these funds for core work like research grants, and keeping operations running they still hold plenty in their treasury. BitMine keeps stacking, with Tom Lee's firm building one of the biggest ETH holdings out there.
Nothing dramatic just steady treasury management in a volatile market. ETH holding steady near these levels for now.
#nadyisom
#EthereumFoundationSellsETHtoBitmineAgain
This is the latest in a string of sales to BitMine they did similar ones in March and last week.
The Foundation uses these funds for core work like research grants, and keeping operations running they still hold plenty in their treasury. BitMine keeps stacking, with Tom Lee's firm building one of the biggest ETH holdings out there.
Nothing dramatic just steady treasury management in a volatile market. ETH holding steady near these levels for now.
#nadyisom
#EthereumFoundationSellsETHtoBitmineAgain