The foundation sold 100 ETH for 374,300 dai: The Ethereum Foundation recently conducted a transaction selling 100 ETH at $3,743 each, totaling $374,300 in DAI. This sale fits into the Foundation’s strategy of liquidating its Ethereum holdings to fund operational and developmental needs, potentially affecting market sentiment and dynamics.

Consistent ETH sales this year: Throughout this year, the Ethereum Foundation has sold a total of 4,466 ETH, generating approximately $10.72 million. This consistent pattern of sales highlights the Foundation’s ongoing strategy of supporting its initiatives through asset liquidation, which is closely monitored by analysts and investors.