Ethereum Foundation Converts 100 ETH to DAI Amidst Significant September Sales

ETH

ETH/USDT

$2,472.61

-2.05%

$2,472.61

-2.05%

(24s)

24h Volume

$8,023,988,234.55

24h H/L

$2,527.56 / $2,462.02

Change: $65.54 (2.66%)

Long/Short

61.9%

Long: 61.9%Short: 38.1%

Funding Rate

+0.0038%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,478.48

▼ -1.88%

Volume (24h): -

Resistance Levels

Resistance 3$2,665.99

Resistance 2$2,591.34

Resistance 1$2,532.16

Price$2,478.48

Support 1$2,436.11

Support 2$2,354.69

Support 3$2,252.90

Pivot (PP):$2,526.86

Trend:Uptrend

RSI (14):58.6

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.