Ethereum Foundation's Significant ETH Sales Draw Criticism

Ethereum Foundation's Significant ETH Sales Draw Criticism

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The Ethereum Foundation has continued its significant sales of ETH, offloading approximately $47 million worth to BitMine in a week through OTC deals. These transactions have drawn fresh criticism regarding the pace and scale of the foundation's sales.

Ethereum Foundation sells another 10,000 ETH to BitMine in third OTC deal

The Ethereum Foundation has now sold roughly $47 million worth of ETH to BitMine in a week, drawing fresh criticism over the pace and scale of its sales.