BREAKING
397d 2h ago

Ethereum Foundation Sells 100 ETH for 336,000 DAI: Insights from Arkham Monitoring

ETH

ETH/USDT

$2,127.12
+4.51%
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
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

On January 8th, COINOTAG News reported a notable transaction involving the Ethereum Foundation’s address 0xd77, as per the latest data from Arkham Monitoring. This address, known for its **high-frequency trading** activity with **small-value** transactions, executed a sale of 100 ETH. The transaction resulted in an inflow of approximately 336,000 **DAI**, highlighting continued **liquidity management** efforts within the Ethereum ecosystem. As the **decentralized finance** landscape grows, such actions reflect strategic movements aimed at optimizing asset allocation and capital efficiency. Investors and market analysts should keep a close eye on these **transaction patterns** as they can offer insights into the broader market trends influencing **Ethereum’s** price action and stability. This incident underscores the importance of monitoring **blockchain activity** for those interested in understanding the **dynamics of cryptocurrency trading**.

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