Ethereum Foundation Sells 1700 ETH In Largest Single Transaction Of 2023

Ethereum Foundation sells 1700 ETH in largest single transaction of 2023, still holds $500 million in assets

Ethereum Foundation sells 1700 ETH in largest single transaction of 2023

The Ethereum Foundation reportedly sold 1,700 ETH, marking the largest single transaction of 2023, according to monitoring Spot On Chain. Despite this deal, the fund still holds a significant amount of assets. Currently, the fund holds approximately 316,000 ETH and 215,000 WETH, equivalent to approximately $500 million, reflecting its strong financial position in the digital asset market.

Check Out the Latest Prices, Charts, and Data of ETH/USDT

Events that took place in Crypto in the last 12 hours:

Ethereum Foundation just sold 1.7K $ETH (2.76 million USD) to $USDC.

Binance Futures has launched Copy Trading.

Deribit, a major crypto options exchange, plans to launch options for $XRP, $SOL and $MATIC.

OKX will remove KOL, GM, SRM, UMEE, VALUE, MITH, JFI and SOS trading pairs on October 16.

ByBit ByVotes 17 List: Shiba Saga (SHIA), Telos (TLOS), Vega Protocol (VEGA).

$AUCTION – Bounce Finance has proposed two upcoming events; one of which is the #RWA auction.

$BNB – BNB Chain kicks off a two-month ‘Airdrop Marathon’ from October 10 to December 10 to mark the launch of the opBNB Mainnet.

$BLUR – Blur announced the Season 2 airdrop on November 20.

$CYBER – $5.97 million worth of $CYBER will be unlocked on October 15. This is 11.4% of the circulating supply.

$DOT – In light of the upcoming major unlock of DOT, the community has proposed governance proposal #166 to raise the ideal staking rate from 52.5% to around 60%.

Note – On October 24, approximately 100 million DOT from Polkadot’s Initial Crowdloan will be unlocked.

$EVMOS – Evmos announced V14 upgrade, introducing new Extensions.

Note – According to the team, the upgrade took place on September 25, but details are announced today.

$EGLD – MultiversX has announced that Google Cloud will join xDay2023 as a key partner.

$ENJIN – Enjin’s KRW market pair is scheduled to be delisted on Upbit today at UTC 09:00.

$INSUR – InsurAce launched Tokenomics version 2, enhancing DeFi insurance with veINSUR, veNFTs and improved governance.

$METIS – Supply and borrowing limits for METIS, USDC and USDT pools have been increased on AAVE.

$RAFT – RAFT will be listed on http://Gate.io on October 11. http://Gate.Io introduces Startup IFO for RAFT, distributing 4,000,000 Free RAFT to its users.