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Ethereum Foundation Sells 2,500 ETH for 4.597 Million USDS

The swap brought the Foundation’s four-day sales total to 7,500 ETH, with cumulative proceeds of about 14.52 million USDS.

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A silver token settles onto one pan of a precision balance / TokenPost.ai
A silver token settles onto one pan of a precision balance / TokenPost.ai

A CoWSwap transaction converted 2,500 Ether (ETH) held by the Ethereum Foundation, taking its four-day sales tally to 7,500 ETH; the resulting funds went to a Safe multisignature wallet.

The 2,500 ETH was valued at about $4.71 million, and the Foundation received 4.597 million USDS. The four-day sales brought in about 14.52 million USDS in total.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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