According to Scopescan data, the Ethereum Foundation just exchanged 1,700#ETH(approximately $2.76 million) into USDC.
Two major escape signals widely circulated in the currency circle:
1. Brother Sun calls Shanmeme.
2. The Ethereum Foundation sells coins.
But don’t panic, only 1,400 units were sold this time, maybe it was just that God V forgot to bring the money to pay for it!