Ethereum Foundation sells another 10,000 ETH to BitMine in third OTC deal
Ethereum Foundation sold 10,000 ETH to BitMine for $22.9 million, marking its third OTC deal in a week totaling roughly $47 million. The sales fund core operations including protocol R&D and ecosystem development. Community criticism mounts over the pace and scale of liquidations, with ETH currently trading at $2,303, down 53% from August's all-time high.
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