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TechFlow, July 19 — According to on-chain analyst烬's monitoring, Argot Collective, a non-profit development organization that received 7,000 ETH in operating funds from the Ethereum Foundation, sold another 600 ETH six hours ago, exchanging them for 2.15 million USDC.
Since beginning to sell ETH for stablecoins on July 11, Argot Collective has converted 4,826.6 ETH into 15.417 million USDC at an average selling price of $3,194.
According to on-chain analyst EJ, Argot Collective—a nonprofit development organization that received 7,000 ETH in operating funds from the Ethereum Foundation—sold another 600 ETH six hours ago, exchanging them for 2.15 million USDC. Since July 11, when Argot Collective began selling ETH for stablecoins, it has converted 4,826.6 ETH into 15.417 million USDC at an average price of $3,194 per ETH.
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