Ethereum Foundation Sells $2.8M ETH, Halts Staking
The Ethereum Foundation recently sold 1,250 ETH for approximately $2.8 million in DAI, a transaction flagged by Arkham Intelligence. This move coincides with the Foundation halting its ETH staking activities. On-chain data indicates a current preference for sales over continued staking.
Detected & updated continuously · Source: Ruma
Mentioned
Ethereum (eth)
Dai (dai)
@arkhamSources
@CryptocapoOO
ATENTOS 💥‼️🔥 LA FUNDACIÓN ETHEREUM ESTÁ VENDIENDO La Fundación Ethereum acaba de vender 1250 ETH por $2.80M en DAI. La Fundación Ethereum ha detenido el staking de ETH y ha comenzado a vender ETH. https://t.co/OYVhuKaguA
@DeFiMidas
🚨BREAKING: ETHEREUM FOUNDATION SOLD ~1,250 $ETH FOR ~$2.8M IN $DAI ON-CHAIN ACTIVITY SHOWS CONTINUED SALES INSTEAD OF STAKING https://t.co/popKZE84K7
@SwanDesk
JUST IN: THE ETHEREUM FOUNDATION IS SELLING Arkham Intelligence flagged the Ethereum Foundation selling 1,250 ETH for $2.80M in DAI. The Foundation has also stopped staking $ETH and appears to engage in staggered ETH selling. https://t.co/iN30zYoDmO