- The Ethereum Foundation sold $100 $ETH for the third time in January
- For $335.938K, $336.835K, $308.447K respectively
Ethereum Foundation sells $100 $ETH for $DAI for the third time in January, with the latest sale on a notable dip.
More About Ethereum Foundation Sales
So, we can see notable sales from the Ethereum Foundation, and it is interesting that for example, World Liberty Finance is actively buying on the contrary.
Moreover, the Ethereum Foundation is embarrassed by the recent ETH drop from $3.339K to $3.036K and seems to be pursuing its own strategy.
Speaking more specifically about the Ethereum Foundation, we can among others these three big and systematic sales of $100 $ETH, namely:
- 100 $ETH for $335.938K $DAI on Jan 8, 2025
- 100 $ETH for $336.835K $DAI on Jan 20, 2025
- 100 $ETH for $308.447K $DAI on Jan 27, 2025
In total, these 300 $ETH were sold for ~981.219K DAI, which may be quite notable for the market.
Conclusion
Ethereum as the second most important, or probably even the first in terms of functionality, is of great significance to the entire DeFi, so any dynamics here require close and constant attention.
Be aware and stay tuned.
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