🤣🚀 DeFi and Web 3 fans, ETH prices are falling with news that the Ethereum Foundation is selling part of it! But don't worry, this may just be a temporary fluctuation! 📉
Wallet 0x9eE457023bB3De16D51A003a247BaEaD7fce313D converted 1,700 ETH into $2.7 million USDC on Monday. This wallet, labeled “Grant Provider” on Etherscan, holds approximately $400,000 in tokens as of Monday morning. 😱
The Ethereum Foundation has not yet made a statement about what it plans to do with the income it receives. However, investors reacted to this move and ETH led the decline among major tokens, losing 1.8% in the last 24 hours. 😢
The Ethereum Foundation develops applications and programs for the Ethereum network, but it is not an official organization and is not a central group that controls what happens on the chain. Still, it could have an impact on token prices or Ethereum's outlook among investors and developers. 🧐
As of April 2022, the foundation held $1.29 billion in ether (ETH) and approximately $300 million in non-crypto investments, representing 0.297% of the total ether supply. 💰
What do you think this move by the Ethereum Foundation means? We are waiting your comments! 🗣️
Wallet 0x9eE457023bB3De16D51A003a247BaEaD7fce313D converted 1,700 ETH into $2.7 million USDC on Monday. This wallet, labeled “Grant Provider” on Etherscan, holds approximately $400,000 in tokens as of Monday morning. 😱
The Ethereum Foundation has not yet made a statement about what it plans to do with the income it receives. However, investors reacted to this move and ETH led the decline among major tokens, losing 1.8% in the last 24 hours. 😢
The Ethereum Foundation develops applications and programs for the Ethereum network, but it is not an official organization and is not a central group that controls what happens on the chain. Still, it could have an impact on token prices or Ethereum's outlook among investors and developers. 🧐
As of April 2022, the foundation held $1.29 billion in ether (ETH) and approximately $300 million in non-crypto investments, representing 0.297% of the total ether supply. 💰
What do you think this move by the Ethereum Foundation means? We are waiting your comments! 🗣️