Ethereum Foundation Sells 100 ETH for $3,364 Each, Exchanging for 336,000 DAI

According to recent data from EmberCN, on January 20th, the Ethereum Foundation executed a significant transaction through its wallet address 0xd77…1f4. This address is known for conducting small-value, high-frequency ETH sales. In this latest move, the Foundation liquidated 100 ETH at a rate of $3,364 per unit, resulting in a total exchange of 336,000 DAI. This transaction highlights the ongoing active management of assets by the Foundation and its strategic approach to leveraging Ethereum in the market. As the cryptocurrency landscape evolves, such operational decisions are crucial for maintaining market stability and liquidity, further emphasizing the importance of staying informed about these movements.