Ethereum Foundation Converts 5,000 ETH to Fund Operations
Ethereum
The Ethereum Foundation has begun converting 5,000 ETH into stablecoins to support operations and grants, using Cowswap’s TWAP mechanism. The move reflects a broader shift away from routine ETH sales toward diversified funding strategies. Key Takeaways: Ethereum Foundation sold 5,000 ETH, worth approximately $11 million via Cowswap TWAP, reducing market impact on prices. EF has […]
ETH
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