Foundation

<ul class="wp-block-list news-points">
 <li>The Ethereum Foundation recently sold 100 Ethereum tokens worth $240,000.</li>
 <li>Users suspect Vitalik Buterin may be selling off his ETH holdings.</li>
 <li>Ethereum has been under bearish pressure since May 2024.</li>
</ul>
The Ethereum Foundation recently sold 100 ETH tokens worth $240,000 amid declining prices. An X user who reported the sale noted that the same address had sold 2,616 ETH on the chain in the past eight months, with a total value of $7.64 million and an average selling price of $2,921.
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 以太坊基金会 5 分钟前再次卖出 100 枚 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> ，价值 24 万美金 该地址过去八个月内已累计在链上卖出 2616 枚 ETH，总价值 764 万美金，平均卖出价格 $2921 钱包地址 <a href="https://t.co/d3TdPj1iHO" target="_blank" rel="noopener noreferrer nofollow">https://t.co/d3TdPj1iHO</a> <a href="https://t.co/xG1TNLBJON" target="_blank" rel="noopener noreferrer nofollow">https://t.co/xG1TNLBJON</a> <a href="https://t.co/aERczVOZa2" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/aERczVOZa2</a>— Ai 姨 (@ai_9684xtpa) <a href="https://twitter.com/ai_9684xtpa/status/1831604153875075460?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 5, 2024</a>
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While the X user highlighted several previous transactions by the Ethereum Foundation involving significant ETH transfers, no reason was provided. This has fueled speculation within the crypto community about a potential selloff of Ethereum holdings by the Ethereum Foundation, possibly even implicating Ethereum co-founder Vitalik Buterin.
Read also: <a href="https://coinedition.com/vitalik-buterin-reveals-ethereum-foundations-2023-expenses-and-his-salary/" rel="noopener noreferrer nofollow">Vitalik Bu…</a>
The post <a href="https://coinedition.com/buterin-denies-eth-dumping-as-foundation-cashes-out-240k/" rel="noopener noreferrer nofollow">Buterin Denies ETH Dumping as Foundation Cashes Out $240K</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Buterin Denies ETH Dumping as Foundation Cashes Out $240K

Coin Edition

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