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Ethereum Foundation-linked wallet sells another 2,785 ETH 🤦‍♂️ According to @lookonchain: A wallet associated with the Ethereum Foundation sold 2,785 ETH at $2,304 per ETH, with transaction records showing multiple swaps via CoW Protocol to USDS. This year, approximately 23,000–25,000 ETH have been sold, totaling roughly $50–58 million. Related operations this year👇 March: OTC sale of 5,000 ETH to BitMine at an average price of ~$2,043 April: Completed sale of 5,000 ETH via CoWSwap using TWAP, exchanged for ~11.11 million DAI at an average price of ~$2,221 Late April/May: OTC sale of 10,000 ETH to BitMine at an average price of ~$2,292 Today: Sold 2,785 ETH via CoWSwap, receiving ~$6.42 million in USDS

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