{"id":9964,"date":"2024-01-17T20:16:14","date_gmt":"2024-01-17T20:16:14","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=9964"},"modified":"2024-01-17T20:17:12","modified_gmt":"2024-01-17T20:17:12","slug":"ethereum-foundation-continues-to-sell-eth-in-otc-deals","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/ethereum-foundation-continues-to-sell-eth-in-otc-deals\/","title":{"rendered":"Ethereum Foundation Continues to Sell ETH in OTC Deals!"},"content":{"rendered":"

The Ethereum Foundation, in a surprising move, sold a portion of its ETH holdings in OTC deals. According to recent reports, the Foundation sold 100 ETH for 253,000 DAI.<\/p>\n

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You might like: Stablecoin On-Chain Analysis: Exchange Inflows Increase!<\/em><\/strong><\/span><\/a><\/p>\n<\/blockquote>\n

This is just one example of the Foundation’s previous similar sales. A total of 2,262 ETH sales in 2023 were made at an average price of $1,609 per ETH. The Ethereum Foundation still holds a large amount of ETH: $806 million in ETH, $79.81 million in WETH.<\/p>\n

However, despite these sales, the Ethereum Foundation still holds a significant amount of coin. According to on-chain data, the Foundation holds a total of $886 million in ETH assets, with $806 million in ETH and $79.81 million in WETH.<\/p>\n

The Foundation also holds $500,000 in stablecoins and $15,000 in BNB. However, it is alleged that the BNB assets were transferred without permission.<\/p>\n

These changes in the Ethereum Foundation’s portfolio are being closely watched by the crypto community.<\/p>\n

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You can freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0Telegram<\/strong>,<\/a>\u00a0YouTube<\/strong><\/a>,\u00a0and\u00a0Twitter<\/strong><\/a> channels for the latest news and updates.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Ethereum Foundation, in a surprising move, sold a portion of its ETH holdings in OTC deals. According to recent reports, the Foundation sold 100 ETH for 253,000 DAI. You might like: Stablecoin On-Chain Analysis: Exchange Inflows Increase! This is just one example of the Foundation’s previous similar sales. A total of 2,262 ETH sales<\/p>\n","protected":false},"author":1,"featured_media":9966,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[40,1915,106,105,1914,3694,2014],"class_list":["post-9964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-bnb","tag-dai","tag-eth","tag-ethereum","tag-ethereum-foundation","tag-otc","tag-weth"],"yoast_head":"\nEthereum Foundation Continues to Sell ETH in OTC Deals! - Coin Engineer<\/title>\n<meta name=\"description\" content=\"The Ethereum Foundation sold a portion of its ETH holdings in OTC deals. 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