Ethereum Foundation heaps pressure on market with $1.68 million in ETH sales

Oluwapelumi Adejumo

The Ethereum Foundation, a non-profit organization dedicated to the blockchain network’s ecosystem, liquidated $1.6 million worth of ETH, according to crypto analytical firm Arkham Intelligence. Data from the platform reveals that the foundation utilized the CoW Protocol to sell 700 ETH, acquiring $1.6 million in DAI stablecoin. Subsequently, the funds were transferred to an address […]

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Ethereum Foundation heaps pressure on market with $1.68 million in ETH sales