#ethfoundationsell
ethfoundationsell
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The Ethereum Foundation has reportedly sold around $33.5 million worth of $ETH to BitMine over the past 60 days, raising some eyebrows in the market. Currently, they still hold about 92,548 $ETH , but if this selling pace continues, their reserves could be completely depleted by 2027.
This trend suggests a steady transfer of ETH from the core team to a single entity, which is something investors are starting to pay closer attention to. While it may simply be strategic treasury management, others see it as a shift in long-term control and distribution.
Either way, it’s not just about the selling — it’s about who is accumulating on the other side.
#ethfoundationsell #EthereumFoundationSellsETHtoBitmineAgain
#eth
This trend suggests a steady transfer of ETH from the core team to a single entity, which is something investors are starting to pay closer attention to. While it may simply be strategic treasury management, others see it as a shift in long-term control and distribution.
Either way, it’s not just about the selling — it’s about who is accumulating on the other side.
#ethfoundationsell #EthereumFoundationSellsETHtoBitmineAgain
#eth
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