Ethereum Foundation Sells 5,000 ETH to BitMNR for $10.38M at $2,042.96 Average
The Ethereum Foundation disclosed it sold 5,000 ETH to BitMNR in an over-the-counter transaction at an average price of $2,042.96, raising approximately $10.38 million. The foundation said the proceeds will fund core operations including protocol research and development, ecosystem development, and community grants.