๐Ÿฆ ๐Ÿ”„ Ethereum Foundation Sells ETH to BitMine Again

๐Ÿš€ Update

The Ethereum Foundation sold 10,000 ETH to BitMine Immersion Technologies in another OTC deal.

๐Ÿ’ฐ Details

Value: ~$22โ€“23M

Price: ~$2,292 per ETH

Part of multiple recent sales

๐Ÿง  Reason

Funds are used for development, research, and ecosystem growth.

๐Ÿ” ๐Ÿ“Š Final Thought

A planned treasury move, but repeated selling is raising market concerns.

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