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Ethereum Foundation Executes Strategic ETH Sales and Wallet Transfers

2025-08-16 00:22:07

ETH0.34%

Gate News bot message, The Ethereum Foundation has conducted a series of ETH transactions over recent days. The Foundation address sold 1,100 ETH for 4.89 million DAI.

The total sales over a 3-day period amounted to 7,294 ETH, converted to 33.25 million DAI at a price point of $4,558.

In a separate move, the Foundation transferred 16,000 ETH (valued at $71.45 million) along with 6 million DAI to a newly created wallet address.

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