๐ฆ ๐ Ethereum Foundation Sells ETH to BitMine Again
๐ Update
The Ethereum Foundation sold 10,000 ETH to BitMine Immersion Technologies in another OTC deal.
๐ฐ Details
Value: ~$22โ23M
Price: ~$2,292 per ETH
Part of multiple recent sales
๐ง Reason
Funds are used for development, research, and ecosystem growth.
๐ ๐ Final Thought
A planned treasury move, but repeated selling is raising market concerns.
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