Data: Ethereum Foundation Sells 2,794.87 ETH in Nearly 2 Hours, Currently Holds 400 ETH

According to ChainCatcher, monitored by @ai_9684xtpa, in the past 5 minutes, an address associated with the Ethereum Foundation sold another 1,100 ETH at an average price of $4,602.1, totaling approximately $5.06 million.

Earlier reports indicated that, over the past 2 hours, the Ethereum Foundation-linked address sold 1,694.8 ETH on-chain, worth about $7.72 million. The selling address currently still holds 1,500 ETH, which originally received 20,756 ETH from the Ethereum Foundation 8 years ago. Tracing further back, the address dates to 10 years ago, when the price of ETH was only $0.875.

In the past two hours, a total of 2,794.87 ETH has been sold (valued at $12.78 million), with an average selling price of $4,574.4.