A post by @WuBlockchain on X.
Ethereum Foundation Sold 7,500 ETH for 14.52M USDS Over Four Days
@WuBlockchain on X
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
The Ethereum Foundation sold 7,500 ETH for 14.52 million USDS over four days, including a final 2,500 ETH tranche worth roughly $4.71 million swapped for 4.597 million USDS via CoWSwap, according to Onchain Lens. The sales imply an average price near $1,936 per ETH across the period. The conversions into the stablecoin USDS add to a recent pattern of Foundation treasury diversification, and the transfers are closely tracked as a sentiment gauge for the second-largest crypto asset. Traders will watch whether the Foundation continues selling at this pace and whether the USDS proceeds are deployed into grants, staking, or other operational spending.
Muhabbit's AI wrote this summary of @WuBlockchain's post in its own words. It can get details wrong, so read the post on X.
Named in this story
Ethereum Foundation, ETH (ETH), USDS, CoWSwap, Onchain Lens
A linked name opens that asset's sentiment page.