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Ethereum Foundation Converts 1,000 ETH to Stablecoins – Here’s Why
Yahoo Finance·2025-10-05 03:59

Fidelity Report: Ethereum Faces Value Capture Risk and Solana Rivalry. Photo by BeInCrypto The Ethereum Foundation has announced plans to sell 1,000 ETH, worth roughly 4.5million,asETHspriceclimbsabove4.5 million, as ETH's price climbs above 4,500 for the first time since mid-September. The sale, disclosed on October 4, will be executed using CowSwap’s Time-Weighted Average Price (TWAP) feature. This automated tool spreads large transactions over time to prevent sudden market disruptions. Ethereum Foundation’s 17th ETH Sale This Year ...