Ethereum Foundation sells a total of 7,500 ETH over 4 days
According to on-chain analytics firm Onchain Lens, wallets associated with the Ethereum Foundation sold a total of 7,500 ETH between November 10 and 14, converting it into approximately 14.52 million USDS. The latest transaction was the sale of 2,500 ETH via CoWSwap on November 14, worth approximately $4.71 million. The proceeds were transferred to a multisig Safe wallet.
ETH continued to weaken during the sales, briefly falling to around $1,813 on the evening of November 14, its lowest level since July. U.S. spot ETH ETFs had recorded net outflows for six consecutive trading days through November 12. The Foundation has not issued a new statement on the sales. Its fiscal strategy, announced in June 2025, is to sell ETH as a regular means of covering day-to-day expenses.
(Source: PANews, CryptoPotato, TokenPost, November 14)
$BTC $ETH
According to on-chain analytics firm Onchain Lens, wallets associated with the Ethereum Foundation sold a total of 7,500 ETH between November 10 and 14, converting it into approximately 14.52 million USDS. The latest transaction was the sale of 2,500 ETH via CoWSwap on November 14, worth approximately $4.71 million. The proceeds were transferred to a multisig Safe wallet.
ETH continued to weaken during the sales, briefly falling to around $1,813 on the evening of November 14, its lowest level since July. U.S. spot ETH ETFs had recorded net outflows for six consecutive trading days through November 12. The Foundation has not issued a new statement on the sales. Its fiscal strategy, announced in June 2025, is to sell ETH as a regular means of covering day-to-day expenses.
(Source: PANews, CryptoPotato, TokenPost, November 14)
$BTC $ETH
