Ethereum Foundation Converts 100 ETH to DAI Amidst Significant September Sales

ETH

ETH/USDT

$2,356.43

+8.28%

$2,356.43

+8.28%

(24s)

24h Volume

$31,047,650,067.90

24h H/L

$2,386.02 / $2,174.06

Change: $211.96 (9.75%)

Long/Short

47.6%

Long: 47.6%Short: 52.4%

Funding Rate

-0.0008%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,358.66

▲ 0.24%

Volume (24h): -

Resistance Levels

Resistance 3$2,596.37

Resistance 2$2,476.96

Resistance 1$2,396.40

Price$2,358.66

Support 1$2,355.74

Support 2$2,233.72

Support 3$2,109.13

Pivot (PP):$2,358.51

Trend:Sideways

RSI (14):66.9

According to SpotOnChain monitoring, COINOTAG revealed that on September 30, the Ethereum Foundation executed a transaction involving the exchange of 100 ETH for 262,474 DAI. Since the beginning of 2024, the Ethereum Foundation has liquidated a total of 3,766 ETH at an average price of $2,777 per ETH through the CoWSwap platform, resulting in accruals of 10.46 million DAI. Notably, in September alone, the foundation offloaded 1,250 ETH, equivalent to approximately $3.06 million.

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