Ethereum Foundation Sells 10,000 ETH to Bitmine via OTC
The Foundation's $107.5M three-month selling streak now rivals its 2024 treasury drawdowns — and Vitalik's wallet has been on the same side of the trade.
Ethereum is a decentralized, open-source blockchain platform designed to support smart contracts and decentralized applications without the control of any central authority. Often described as a programmable global computer, it allows developers to build a wide range of on-chain services, from financial protocols and NFT marketplaces to gaming platforms, using self-executing programs written primarily in Solidity. These smart contracts run on the Ethereum Virtual Machine, which is maintained by a global network of independent nodes. The native asset, Ether (ETH), functions as the network's currency. It is used to pay transaction fees, commonly referred to as gas, and must be staked by validators who propose and confirm blocks. In September 2022, Ethereum transitioned from Proof of Work to Proof of Stake through an event known as the Merge, reducing its energy consumption by more than 99 percent. An earlier upgrade, EIP-1559, introduced a fee-burning mechanism that can offset issuance during periods of high activity. Ethereum was proposed in 2013 by Vitalik Buterin, alongside several co-founders, and launched in July 2015. It belongs to the Smart Contract Platform and Layer 1 categories, and remains the largest ecosystem for decentralized application development.
The Foundation's $107.5M three-month selling streak now rivals its 2024 treasury drawdowns — and Vitalik's wallet has been on the same side of the trade.
BitMNR took the other side of the desk. Across its three most recent OTC sales, the Foundation has now offloaded 25,000 ETH at a weighted average near $2,280.
The Ethereum Foundation has sold 10,000 ETH, valued at approximately $23 million at current prices. Foundation wallet…
Selig told Pompliano the agency is finalizing the regulatory characterization that has forced venues into 50-year-old workaround structures — an official product is weeks away.
The Ethereum Foundation has completed the sale of 10,000 ether to BitMine, confirming the transaction as part of a…
The Ethereum Foundation sold 10,000 ETH through an over-the-counter transaction at an average price of $2,292.15, with…
A single-day $BTC rebound masks a $490M 7-day outflow — the daily tape flipped green while the weekly trend stayed red, and $ETH keeps bleeding on both windows.
A wallet tagged 0xd0b2, possibly connected to the Ethereum Foundation, deposited 1,744 ETH — worth roughly $4.03…
Over 500 long-idle wallets — some four to eight years cold — were swept into a tagged phishing address, and the compromise path remains unresolved as April's $635M exploit tally closes.
Hundreds of dormant Ethereum mainnet wallets moved to a single address in a coordinated drain, while ETH trades below every short-term moving average and the 200-day at $2,755 flashes a sell signal.
Crypto earns 24.8 bps on BlackRock's roster versus 17.2 bps for the rest of the ETF complex — a richer yield on a 1.11% AUM share, but a revenue line that still swings with Bitcoin's tape more than…
Tom Lee's Bitmine crossed a structural threshold — 10.5% of all staked ETH sits with a single corporate treasury, concentrating validator influence in a way the network hasn't seen before.
If Tokyo lists, it follows a pattern set by Hong Kong and a half-dozen US issuers — but the Japanese tax treatment of crypto remains the structural drag holding listings back.
The Bitcoin print is small but it ends a three-day outflow streak, while the Ethereum side just posted its fourth straight day of net redemptions — the two flows are no longer moving in sync.
The Tom Lee–chaired treasury has routed nearly all of its ETH pile into staking — a structural vote of conviction on network yield that concentrates $9.48B of one fund's supply into validators.
Major institutional names — including Cathie Wood's ARK Invest and Cantor Fitzgerald — are framing Robinhood's recent…
The footprint widened by five networks in a single update, but the structural story is settlement, not speculation: USDC is becoming a real rail between issuers, acquirers, banks and treasury systems…
Seven-day cumulative outflows now top $540M across the two largest spot products, while Solana ETFs print their first sustained green streak since launch.
Targets are conditional paths, not calls: each upside scenario is paired with explicit invalidation levels — and spot price has not yet confirmed any of them, with BTC still ranging around $76K.
Spot crypto volume on centralized exchanges cleared $19.17T in 2025, a meaningful number on its own, but it lands inside a structural shift: $37B in TradFi M&A, multi-asset venue models, and an…
Ethereum is a global, open-source platform for decentralized applications.
Ethereum (ETH) launched on 2015-07-30.
Ethereum (ETH) is categorised as: Smart Contract Platform, Layer 1 (L1), Ethereum Ecosystem.
The official Ethereum site is https://www.ethereum.org/.
Most recent Ethereum coverage: "Ethereum Foundation Sells 10,000 ETH to Bitmine via OTC" — read at /en-US/a/ethereum-foundation-sells-another-10000-eth-107m-offloaded.