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Token ETH

Oct 09, 11:00

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SOC Team

Ethereum Foundation sold $ETH

Outflow

Related addresses

Total tokens transferred

Token ETH

1.7K

ETH

Token USDC

2.738M

USDC

Ethereum Foundation sold 1,700 ETH for 2.738M USDC at $1,611 on October 9, 8:19 AM (UTC):

 

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