Current Date:February 22, 2025

Unexpected sale from Ethereum Foundation: Critical hours in ETH!

On-chain analysis platform lookonchainAccording to data published by Ethereum Foundation, Uniswap you (UNI)2 ,738millionUSDCoin (USDC)in return 1,700 ETHsold.

lookonchainThe report published by , a few hours ago, ETHIt made a huge impact on the market, including investors. Ethereum FoundationOn October 9, around 11.20 CET, Uniswap you (UNI )equivalent to $2,738 million 1,700 ETHmade the sale.

Ethereum’s on-chain data caused anxiety!

Ethereum Foundation distributes USDCs obtained from ETH sales to the Ethereum-based ecosystem platform. To Gnosis Safe transferred. The wallet in question has not been active for 2 years. There are currently 240 in the selling Ethereum Foundation wallet. ETH, 3.238 million USDC, 49,700 DAIand 10,000 ARBIt includes a total of $3,687 million in assets.

In light of the data shared on CoinGecko, the Ethereum price has increased by 10% since the time of the sale. 2.50 It lost value and fell from 1621 dollars to 1,580 dollars. In addition, both Ethereum founder Vitalik Buterin and the Ethereum Foundation came to the fore with their Ethereum sales in the past period. Another striking detail is that in May, Buterin and the Ethereum Foundation announced 15 .200 ETH (30million400thousand dollars) krakenIt came to mind that he transferred to .

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