TEZY

Ethereum Foundation Disposes of Another $23 Million in ETH

May 1, 2026 at 18:55
0
✦ AI Summary
  • Ethereum Foundation sells 10,000 ETH again this week
  • Transaction valued at approximately $23 million
  • BitMine continues to acquire ETH from the Foundation

The Ethereum Foundation has made headlines once again by selling 10,000 ETH, valued at around $23 million, to the reputable treasury firm, BitMine. This marks the second consecutive week that the Foundation has divested a significant amount of Ethereum.

These ongoing transactions highlight the Foundation's financial maneuvers in the evolving cryptocurrency market, showcasing BitMine's sustained interest in acquiring ETH assets.

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