On March 14, the Ethereum Foundation sold 5,000 ETH to BitMine Immersion Technologies for $10.2 million. The average price was $2,042.96 per ETH, roughly in line with where Ethereum was trading at the time. The transaction was executed over the counter, transferred from an EF Safe multisig wallet, and announced via a post on X. … Continue reading The Ethereum Foundation Just Sold $10 Million of ETH. Here’s What That Actually Means.