Ethereum Foundation Deposits 2,400 ETH and $6M in Stablecoins into Morpho Treasury

ETH

ETH/USDT

$2,127.12

+4.51%

$2,127.12

+4.51%

(24s)

24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short

69.8%

Long: 69.8%Short: 30.2%

Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,121.96

▲ 1.67%

Volume (24h): -

Resistance Levels

Resistance 3$2,577.98

Resistance 2$2,403.28

Resistance 1$2,234.29

Price$2,121.96

Support 1$1,994.75

Support 2$1,826.83

Support 3$1,157.44

Pivot (PP):$2,110.44

Trend:Downtrend

RSI (14):32.9

COINOTAG reported on October 15 that the Ethereum Foundation has deposited 2400 ETH and approximately $6 million in stablecoins into Morpho’s treasury, categorizing the transfer as a formal treasury allocation to the protocol.

Per the foundation’s announcement, the transaction increases Morpho’s reserve composition by adding both ETH and stablecoin holdings, expanding the protocol’s on‑chain treasury balances and informing stakeholders focused on treasury management and decentralized finance governance.

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