The Ethereum Foundation sells 100 ETH to fund ecosystem development, boosting innovation.
Standard Chartered sees potential $10K ETH with crypto-friendly regulatory shifts.
Again, the Ethereum Foundation just sold 100 ETH for 334,315.7 DAI, marking the first substantial ETH sale since the release of its 2024 annual report on November 8. This deal shows how the Foundation uses its assets to strategically finance initiatives inside the Ethereum ecosystem.
According to Spot On Chain, at an average selling price of $2,773 per ETH, the Foundation’s whole ETH sold in 2024 exceeds 4,266 ETH, therefore generating over $11.83 million in total income with this most recent sale.
The Ethereum Foundation sold 100 $ETH for 334,315.7 $DAI again ~25 minutes ago.
This is the first $ETH sale since @Ethereum Foundation released its 2024 report on Nov 8, showing asset reserves at $970.2M as of Oct 31, with $788.7M in crypto (99.45% in $ETH).
The Ethereum… https://t.co/IzASQ55sRp pic.twitter.com/f7kNyQ

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