Ethereum Foundation Disposes of Another $23 Million in ETH
May 1, 2026 at 18:55
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✦ 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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