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The Ethereum Foundation sold 100,000 ETH in 2020, missing out on a 6-fold increase in value

The Ethereum Foundation sold 100,000 ETH in 2020, missing out on a 6-fold increase in value

Bitget2024/08/25 09:05

According to BlockBeats, on August 25, Arkham published an article on X, saying that the Ethereum Foundation sold 100,000 ETH in 2020, and the price of ETH has risen 6 times since then. On August 24, they sent another 35,000 ETH to Kraken. Was the foundation's choice correct this time?

BlockBeats previously reported that on August 24, the Ethereum Foundation transferred 35,000 ETH to Kraken, equivalent to approximately US$94.07 million.

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