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📰 【Ethereum Foundation to Sell 10,000 ETH to BitMine at an Average Price of $2,387】
BlockBeats news, April 24th: the Ethereum Foundation announced that it has finalized the sale of 10,000 ETH to Ethereum’s first treasury company, BitMine, via an over-the-counter (OTC) platform, at an average price of $2,387 per ETH. BitMine currently holds a total of 4.976 million ETH, worth approximately $11.6 billion, of which about 3.588 million ETH are staked, accounting for roughly 72.1% of its total holdings.
The Ethereum Foundation is offloading again. 10,000 ETH, average price $2,387, directly fed to BitMine—this big whale. BitMine’s holdings are 4.976 million ETH, 72% staked, and the rest is still being fed. This isn’t a sale—it’s a handover to the market maker. $ETH On-chain data shows everything is institution-controlled; retail investors, don’t dream about bottom-fishing. 👇👇👇👇👇