#The Ethereum Foundation sold 100 ETH#
Hot Topic Overview
Overview
The Ethereum Foundation recently sold another 100 ETH for 336,400 DAI at a price of $3,364 per ETH. This is part of a series of recent ETH sales by the Foundation, having sold a total of 4,666 ETH since January 2, 2024, for a total value of over $13.3 million. This action has sparked widespread discussion in the community, with some believing the Foundation is raising funds, while others see it as a bearish signal on the price of ETH.
Ace Hot Topic Analysis
Analysis
The Ethereum Foundation recently sold another 100 ETH for 336,400 DAI at a price of $3,364 per ETH. This marks the 4,666th ETH sold by the foundation since January 2, 2024, totaling $13.3 million. This action has sparked widespread discussion within the community, with many questioning why the foundation is selling ETH, especially in light of Bitcoin's recent price surge. Some believe the foundation may need funds to support its operations, while others speculate that it may be engaging in strategic maneuvers. Although the foundation has not issued any official statement regarding this matter, this event has undoubtedly raised concerns about the Ethereum Foundation's future actions.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The Ethereum Foundation continues to sell ETH, which may indicate a need for funding or strategic adjustments.
The Ethereum Foundation's sale of ETH has sparked community skepticism and ridicule, arguing that it is inconsistent with its previous commitment to holding ETH long-term.
The Ethereum Foundation's sale of ETH may have a negative impact on ETH prices, but the extent of its impact remains to be seen.
The Ethereum Foundation's sale of ETH may be related to the progress of ETH 2.0, but there is no clear official explanation at this time.