Ethereum Foundation may have sold 6,646 ETH this year, worth more than $17 million

BlockBeats reported on October 25 that according to 0xScope data, the Ethereum Foundation has continued to sell ETH for DAI on the chain since January 2 this year, with a total of 37 transactions ranging from 50 to 200 ETH. The first transaction took place on January 2, and the last transaction took place on October 23. 4,066 ETH were sold directly through CowSwap at an average price of $2,764, about $11.24 million.

In addition, a related address received 51,251 ETH from the Ethereum Foundation on November 17, 2015, and recharged 2,580 ETH (US$6.24 million) to Bitstamp and Kraken in the past two months, with an average transfer price of $2,417.

The Ethereum Foundation may have sold a total of 6,646 ETH this year, worth more than $17 million.