• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ethereum Foundation Sells 200 ETH for $528,000 in 2024

user avatar

by Giorgi Kostiuk

a year ago

  1. ETH Sales in 2024
  2. Ethereum Market Movements
  3. Historical Sales and Market Impact


    4. The Ethereum Foundation continues its active sales strategy in 2024. Today, it sold 200 ETH for $528,000 DAI via Cow Protocol. This event adds to the foundation's record of regular transactions.

    ETH Sales in 2024

    Since the beginning of the year, the foundation has been actively selling its assets. The first significant sale of this year occurred in January, when ETH worth $1.6 million was sold, causing a 4% drop in ETH’s price. In September, the foundation sold 950 ETH totaling approximately $2.27 million. On average, the foundation sells ETH every 11 days, accumulating $9.67 million in sales so far.

    Ethereum Market Movements

    Ethereum has seen significant market movement in 2024. In March 2024, the cryptocurrency price peaked at $4,066, a 66% increase. However, the price has since dropped and is currently trading at $2,645.

    Historical Sales and Market Impact

    Since January 2021, the Ethereum Foundation has sold approximately 239,000 ETH, totaling $654 million. These sales are closely monitored by market participants due to their potential impact on ETH’s price. The foundation’s activities, along with broader market conditions, often contribute to price fluctuations, keeping investors watchful of future transactions.

    Annual sales by the foundation have a significant market impact, and this year is no exception.Arkham

    The Ethereum Foundation continues its sales policy, influencing ETH price fluctuations. Investors remain vigilant, monitoring the foundation’s future actions.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Saylor Emphasizes Bitcoin's Nonstop Availability

chest

Michael Saylor highlights Bitcoin's unique value proposition of being operational 24/7, unlike traditional financial markets.

user avatarAisha Farooq

CoinBros Launches as the Alpha Layer for PERP Traders

chest

CoinBros has launched its Presale Booster Stage, aiming to provide advanced AI tools for PERP traders.

user avatarTenzin Dorje

Avalanche CChain Sets New Record with 1,379,136 Daily Active Addresses

chest

Avalanche CChain has set a new record with 1,379,136 daily active addresses on January 13, 2026, indicating significant growth in user engagement.

user avatarBayarjavkhlan Ganbaatar

FET Price Shows Signs of Long-Term Re-Accumulation

chest

FET has entered a critical price zone that may indicate a potential accumulation phase after a significant drop from its all-time high.

user avatarMohamed Farouk

Gary Gensler Resigns as SEC Chair, Mark Uyeda Takes Over

chest

Gary Gensler resigned as chair of the SEC, leading to significant changes in the agency's approach to digital asset regulation.

user avatarElias Mukuru

All Democratic Commissioners Depart SEC, Leaving Leadership Imbalance

chest

The departure of all Democratic commissioners from the SEC has left the agency without bipartisan representation.

user avatarDiego Alvarez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.