Ethereum Foundation Sells 1,000 ETH for 4.508M DAI — 21,000 ETH Offloaded in Last 3 Months
ETH/USDT
$39,049,302,904.94
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
-0.0018%
Shorts pay
On October 4, on-chain data analyst Yujin Monitoring reported that the Ethereum Foundation’s DeFi participation multisig executed an on-chain disposition of 1,000 ETH, receiving 4.508 million DAI—an average realization of $4,508 per ETH. The transaction was recorded on-chain and reflects a measured liquidity move from the Foundation’s treasury.
Over the past three months the Foundation has realized proceeds from a cumulative 21,000 ETH divestment (approximately $72.94 million), including an OTC sale of 10,000 ETH to SharpLink on July 11 at $2,572 per ETH, a transfer of 10,000 ETH to Kraken for market execution on September 3, and the October 4 on-chain sale. The Foundation previously disclosed that proceeds are allocated for development and donation funding.
