The over-the-counter sale agreement was finalized at an average price of $2,387 per ETH, putting the total value of the sale at $23.87 million. Ethereum was recently trading at $2,313, down about 1% on the day and 5% over the last week.
0/ Today, the Ethereum Foundation finalized the terms of a 10,000 ETH sale at an average price of $2,387 via OTC.
"This sale funds the Ethereum Foundation's core operations & activities, including protocol R&D, ecosystem development, community grant funding, and more," the Foundation wrote on X.
Ethereum's price has fallen sharply since last summer, when it hit a new peak of $4,946 and momentum around the coin—and the broader crypto market—helped fuel the emergence of a number of Ethereum treasury companies.




















