Ethereum Foundation Executes Transparent Strategy in Significant ETH Sale
2025-07-11 06:12:57
Main Idea
The Ethereum Foundation executed a transparent sale of 1,210 ETH via Uniswap V4, part of a larger 21,000 ETH distribution strategy, to manage market liquidity and budget transparency.
Key Points
1. The Ethereum Foundation sold 1,210 ETH at an average price of $2,889.50, totaling approximately 3.5 million USDC.
2. This transaction is part of a broader distribution of 21,000 ETH previously stored in a multi-signature wallet.
3. The sale was conducted on Uniswap V4, chosen for its speed and transparency in decentralized markets.
4. ETH price briefly hit $3,000 before stabilizing around $2,750, currently trading at $3,005.
5. Ethereum's Total Value Locked (TVL) rose from $50 billion to $73 billion over three months, while transaction fees decreased by 22%.
Description
The Ethereum Foundation sold 1,210 ETH for approximately 3.5 million USDC. The transaction was part of a strategy involving 21,000 ETH transfers across wallets. Continue Reading: Ethereum Foundation Executes Transparent Strategy in Significant ETH Sale The post Ethereum Foundation Executes Transparent Strategy in Significant ETH Sale appeared first on COINTURK NEWS .
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