#Ethereum Foundation Sells ETH#

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Overview

The Ethereum Foundation has been steadily selling ETH, sparking heated discussions within the community. According to monitoring data, the foundation recently sold 100 ETH for 336,400 DAI at a price of $3,364. This marks the 4,666th ETH sold by the foundation since January 2, 2024, totaling $13.3 million. This action has raised concerns among the community about the foundation's financial status, with some users even joking if the foundation needs to issue a MEME coin to raise funds.

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Analysis

The Ethereum Foundation has been steadily selling ETH, sparking heated discussions within the community. According to multiple monitoring data, the Ethereum Foundation recently sold 100 ETH at a price of $3,364, exchanging it for 336,000 DAI. This marks the 4666th time the foundation has sold ETH since January 2nd, 2024, totaling $13.3 million sold. This action has led to questions and jokes from the community, with some believing the foundation is facing financial shortages, even suggesting they issue a MEME token to raise funds. While the foundation hasn't provided an official explanation for this action, its continued sale of ETH has undeniably raised concerns about the future price trend of ETH.

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The Ethereum Foundation continues to sell ETH at a high frequency, raising concerns in the market.

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The Ethereum Foundation's sale of ETH could negatively impact the price of ETH.

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The Ethereum Foundation's sale of ETH is intended to raise funds to support the development of the Ethereum ecosystem.

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The Ethereum Foundation's sale of ETH could indicate a lack of confidence in the price of ETH.

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