The Ethereum Foundation organization has completed its third off-exchange sale of ETH to BitMine Immersion Technologies. Tom Lee’s firm purchased 10,000 ETH at an average price of $2292 ($22.9 million).



“The deal funds the foundation’s core operations and activities, including research and development within the протокол, ecosystem development, grant funding for communities, and much more,” said representatives of the Ethereum Foundation.

The sale followed an almost identical transaction involving 10,000 ETH on 24 April. At that time, the average price was about $2387.

The first deal between the Ethereum Foundation and BitMine took place in March, when the firm bought 5,000 ETH at approximately $2043.
ETH0.22%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin