Ethereum Foundation sells 300 ETH as price hits $2.5k
The Ethereum Foundation has sold a total of 950 ETH worth over $2.2 million in the past three weeks On September 20, the non-profit sold 300 ETH for over $760,000 as Ethereum’s price rose to above $2,500 The Ethereum Foundation has once again dumped more Ether tokens, this time offloading 300 ETH worth more than $760,000. According to on-chain data, the foundation sold the 300 ETH for an average of $2,543 – which is a level that is 5% up on intraday lows of $2,440. In recent days, the organization had stopped its selling spree. Before the brief lull, the Ethereum Foundation had become one of the top ETH holders to dump as prices stalled. But on September 20, the dump resumed. Ethereum Foundation has sold Ether every four to seven days On September 6, the Ethereum Foundation sold 100 ETH for $226,868. It’s a sale that brought the foundation’s increased selling across three weeks to 650 ETH, with these valued at about $1.5 million. Ac...