Ethereum Foundation Converts 100 ETH to DAI Amidst Significant September Sales

ETH

ETH/USDT

$2,312.08

+1.82%

$2,312.08

+1.82%

(24s)

24h Volume

$25,332,124,284.99

24h H/L

$2,360.00 / $2,221.54

Change: $138.46 (6.23%)

Long/Short

55.4%

Long: 55.4%Short: 44.6%

Funding Rate

+0.0027%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,316.33

▲ 2.82%

Volume (24h): -

Resistance Levels

Resistance 3$2,592.09

Resistance 2$2,394.45

Resistance 1$2,347.02

Price$2,316.33

Support 1$2,262.61

Support 2$2,235.96

Support 3$2,177.18

Pivot (PP):$2,164.15

Trend:Uptrend

RSI (14):84.1

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.