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TechFlow reports that, according to Onchain Lens monitoring, on April 11, the Ethereum Foundation sold all 5,000 ETH at a price of $2,221 each, receiving 11.1 million DAI in exchange.
It is reported that on April 8, the Ethereum Foundation announced it would swap 5,000 ETH for stablecoins via CoWSwap’s TWAP functionality as part of its ongoing efforts to fund research and development, grants, and donations.
According to Onchain Lens monitoring, the Ethereum Foundation sold all 5,000 ETH at a price of $2,221 each, receiving 11.1 million DAI in exchange. It is reported that on April 8, the Ethereum Foundation announced it would swap 5,000 ETH for stablecoins via CoWSwap’s TWAP functionality, as part of its ongoing efforts to fund research and development, grants, and donations.
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