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Ethereum Foundation Sells 10,000 ETH to Bitmain for Two Consecutive Weeks, Totaling Approximately JPY 7.3 Billion

2026/05/03 08:01
CoinPost
Written by L.Kikutani
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Ethereum Foundation Sells 10,000 ETH to Bitmain for Two Consecutive Weeks, Totaling Approximately JPY 7.3 Billion

Foundation Sells ETH for Two Consecutive Weeks

Foundation Sells ETH for Two Consecutive Weeks

On May 2, the Ethereum Foundation announced the sale of 10,000 ETH to Bitmain Immersion Technologies via an over-the-counter (OTC) transaction at an average price of $2,292.15.

The approximately $22.92 million raised will be allocated to core operational activities such as protocol research and development, ecosystem development, and community grants.

This sale follows a...

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MAGAZINE

Iolite Vol.19

May 2026 issueReleased on 2026/03/30
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