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Ethereum Foundation Sells Again: Here are the Transaction Details and the Total Sales Amount Since Last Year!
The Ethereum Foundation, which has been in the spotlight with its recent Ethereum sales, has completed its first ETH sale in 2025.
According to on-chain data, the Foundation, one of the main actors in the development of ETH, sold 100 ETH and received 329,463 tokens of DAI, a stablecoin, in return.
Not long ago, Ethereum founder Vitalik Buterin released a statement about the Foundation's sales, stating that the Foundation carried out these sales to continue its operational activities, pay grants, and compensate developers. Buterin is sometimes criticized for selling ETH, but he defends that these sales are hardly ever made for personal purposes. Please provide the text to be translated. According to the data, the Ethereum Foundation made a total of $12.61 million worth of 4,466 ETH sales in 2024, and the average price of the sales was $2,823. It is noteworthy that the foundation's sales often occur just before sudden drops in the altcoin's price.
On the other hand, the price of ETH is trading at $3,310 at the time of writing this article. The rate of losses in the last 24 hours was measured at 3.15%.