The Ethereum Foundation offloaded 10,000 ETH via an over-the-counter transaction at an average price of $2,292.15, with BitMNR acting as the counterparty. The proceeds are earmarked for core operational funding as part of the Foundation's routine treasury management.
Zooming out, the three most recent OTC sales total 25,000 ETH — roughly $57 million — at a weighted average of approximately $2,280 per ETH. The cadence signals a steady, structured drawdown rather than a reactive market exit, though the scale will draw attention given current sentiment around ETH supply dynamics.
OTC routing limits direct market impact, but repeated large disposals from a foundational entity are a data point the community will continue to monitor closely.
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Ethereum Foundation sells 10,000 ETH OTC at average price of 2292 dollars
The Ethereum Foundation sold 10,000 ETH at an average price of 2292.15 dollars through an OTC transaction, with BitMNR as the counterparty. The sale is used to fund core operations and forms part of its ongoing treasury management activities. In its three most recent OTC transactions, the Foundation has sold a total of 25,000 ETH for about 57 million dollars, with a weighted average price of around 2280 dollars per ETH.
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