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Ethereum Foundation sells 5,000 ETH to BitMine in $10 million OTC deal
In a recent over-the-counter transaction, the Ethereum Foundation sold 5,000 ETH to BitMine Immersion Technologies for approximately $10.2 million. This sale, at an average price of $2,042.96 per ETH, aligns with current market levels and marks the Foundation's second known OTC sale to a corporate buyer.
Key points
- Ethereum Foundation sells 5,000 ETH to BitMine in $10 million OTC deal
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AI-generated from public news sources. Not financial advice.
