Ethereum Foundation Sells 5,000 ETH via OTC at Average Price of $2,042.96

Wu Blockchain learned that the Ethereum Foundation announced it has sold 5,000 ETH through over-the-counter (OTC) trading at an average price of $2,042.96, with the counterparty being BitMNR. The proceeds from this sale will be used for the foundation's core operations and related activities, including protocol research and development, ecosystem development, and community grants.