Ethereum Foundation’s Wallet Executes Major Sale of 4,095 ETH at $4,578 per Token

The Ethereum Foundation’s wallet has executed a notable transaction, selling approximately 4,095 ETH in exchange for a staggering $18.75 million worth of DAI. This sale took place over four hours at a rate of $4,578 per ETH, showcasing significant activity from one of Ethereum’s long-standing wallets. Analysts believe this action could signal strategic shifts or profit-taking by the entity controlling the wallet.