๐Ÿ” The Ethereum Foundation defends its long position!

The wallet associated with the Ethereum Foundation has deposited 30,098,518.01386900 ($56.08 million) into Maker to lower the liquidation price.

Now this wallet holds 100,394,518.01386900 (~$182 million), and the liquidation price has dropped to $1,127.

The foundation is clearly preparing for potential volatility! ๐Ÿ“‰๐Ÿ“ˆ

#MtGoxTransfers 48362304149 29075567914