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Deep Tide TechFlow News, May 2nd, according to official sources, the Ethereum Foundation has sold an additional 10k ETH to Bitmine through over-the-counter (OTC) trading, at an average price of $2,292.15.
Adding to a similar-sized transaction from a week earlier, the total amount sold has reached approximately $47 million.
The Foundation stated that the proceeds from this sale will be used to support EF core operations and activities, including protocol development, ecosystem growth, and community funding.