Data: The Ethereum Foundation has sold 100 ETH again

ChainCatcher news, according to monitoring by Spot On Chain, the Ethereum Foundation sold 100 ETH about 25 minutes ago for 334,315.7 DAI. This is the first ETH sale since the release of the 2024 report on November 8. The report shows that the foundation's asset reserves were $970.2 million as of October 31, with $788.7 million in crypto assets (99.45% being ETH).

The Ethereum Foundation plans to regularly sell ETH to fund key public projects and maintain reserves. As of 2024, the foundation has sold a total of 4,266 ETH, raising $11.83 million, with an average sale price of approximately $2,773.