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The Ethereum Foundation sold another 100 ETH 25 minutes ago.

According to Spot On Chain, the Ethereum Foundation sold 100 ETH for 334,315.7 DAI about 25 minutes ago. This is the first ETH sale since the release of the 2024 report on November 8. The report shows that the foundation's asset reserves as of October 31 were $970.20 million, of which $788.70 million were cryptoassets (99.45% ETH). The Ethereum Foundation plans to regularly sell ETH to fund key public projects and maintain reserves. As of 2024, the Foundation has sold 4,266 ETH for $11.83 million, with an average sale price of around $2,773.