ethereumfoundation
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On a quiet September morning, the Ethereum Foundation moved swiftly, like a phantom in the digital night. A subtle shift in the blockchain ecosystem went unnoticed by most, but for those attuned to the flow of transactions, it was a significant moment. From their main addressâ0xbc9a9ac7dc36b1706732374bf632ef39fb6efbc3âthe foundation transferred another 100 ETH. The receiving addressâ0xd779332c5a52566dada11a075a735b18daa6c1f4âhad become familiar to the observers of these moves.
This was no ordinary exchange; they were exchanging their ether for 262,474 DAI, opting once again for stability over volatility. The method of choice? CoWSwap, a trusted decentralized platform.
It wasnât the first time they had made such a trade this year. In fact, this marked just a small part of a larger strategy. So far in 2024, the Ethereum Foundation had sold a total of 3,766 ETH, gathering over 10.46 million DAI in return. Each sale was calculatedâan average price of $2,777 per ETHâand a clear signal of their confidence in stablecoins amidst market fluctuations.
Most strikingly, the foundation had been particularly active in September. With 1,250 ETH, worth approximately $3.06 million, sold in the past weeks alone, rumors swirled through the Web3 community. What were they planning? Why such precision in timing?
For now, the foundation remained silent, its moves visible only to those who watched the blockchain with keen eyes. The markets continued to churn, but the Ethereum Foundation, as ever, played its long game, shaping the future of decentralized finance with every carefully placed trade.
#cowswap #ethereumfoundation $ETH
This was no ordinary exchange; they were exchanging their ether for 262,474 DAI, opting once again for stability over volatility. The method of choice? CoWSwap, a trusted decentralized platform.
It wasnât the first time they had made such a trade this year. In fact, this marked just a small part of a larger strategy. So far in 2024, the Ethereum Foundation had sold a total of 3,766 ETH, gathering over 10.46 million DAI in return. Each sale was calculatedâan average price of $2,777 per ETHâand a clear signal of their confidence in stablecoins amidst market fluctuations.
Most strikingly, the foundation had been particularly active in September. With 1,250 ETH, worth approximately $3.06 million, sold in the past weeks alone, rumors swirled through the Web3 community. What were they planning? Why such precision in timing?
For now, the foundation remained silent, its moves visible only to those who watched the blockchain with keen eyes. The markets continued to churn, but the Ethereum Foundation, as ever, played its long game, shaping the future of decentralized finance with every carefully placed trade.
#cowswap #ethereumfoundation $ETH
Ethereum Foundation Sells Another 200 ETH for 527,989 DAI
In the past hour, the Ethereum Foundation made another sale of 200 ETH for 527,989 DAI .
Main Address:
0xbc9a9ac7dc36b1706732374bf632ef39fb6efbc3
Middle Address: 0xd779332c5a52566dada11a075a735b18daa6c1f4
Key Highlights:
Total September Sales: This brings the total ETH sold by the Ethereum Foundation in September to 1,150 ETH (worth approximately $2.8M).Consistent Selling:
The foundation has been consistently selling ETH every few days, with the previous sale occurring just 3 days ago.
This ongoing pattern could indicate a planned liquidation strategy or operational funding requirement.
#ethereumfoundation #eth #ETH $ETH
In the past hour, the Ethereum Foundation made another sale of 200 ETH for 527,989 DAI .
Main Address:
0xbc9a9ac7dc36b1706732374bf632ef39fb6efbc3
Middle Address: 0xd779332c5a52566dada11a075a735b18daa6c1f4
Key Highlights:
Total September Sales: This brings the total ETH sold by the Ethereum Foundation in September to 1,150 ETH (worth approximately $2.8M).Consistent Selling:
The foundation has been consistently selling ETH every few days, with the previous sale occurring just 3 days ago.
This ongoing pattern could indicate a planned liquidation strategy or operational funding requirement.
#ethereumfoundation #eth #ETH $ETH
