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【The ETH Foundation is “selling coins to pay salaries” again 😂】
On May 2, the Ethereum Foundation sold another 10,000 ETH, with an average price of about $2,292, for a total value of approximately $22.9 million.
A simple way to understand it:
👨💻 The foundation is calling it “building the ecosystem,”
💰 while quietly selling ETH to keep the operation running.
This funding is mainly used for:
📌 Research and development
📌 Ecosystem grants
📌 Team operations
When many newcomers see “the foundation selling coins,” they get scared. But veteran players know:
It’s more like a company regularly liquidating assets to pay wages—it doesn’t mean a bearish view on ETH.
In one sentence:
ETH now looks very much like—
“Big dreams, but the books have to be settled every day.” 😂