Oct 09, 2023
SOC Team
Ethereum Foundation sold $ETH
Outflow
Related addresses
Total tokens transferred
1.7K
ETH
2.738M
USDC
Related transactions
Ethereum Foundation sold 1,700 ETH for 2.738M USDC at $1,611 on October 9, 8:19 AM (UTC):
- txid: 0x198f7f592c202eed8edf6006c715e75078394d02d6a8281f5e47e250377aca3d
- selling address: 0x9eE457023bB3De16D51A003a247BaEaD7fce313D
- check out the Ethereum Foundation entity here
Notably, this marks their biggest swap of the year. The foundation has sold a total of 2,262 ETH for 3.64M worth of USDC and DAI at $1,609 on average in 2023 so far, often ahead of market dips.
The ETH dropped by nearly 2% due to the effect of their sale this time.
Currently, the Ethereum Foundation still holds 316K ETH ($504M) across 5 addresses
Fig 1. Ethereum Foundation sold 1,700 ETH at $1,611 ($2.74M) just now.
Fig 2. Ethereum Foundation has sold 2,262 ETH ($3.64M) via address 0x9eE in 2023 so far.
#ethereum foundation
#eth
#grant provider