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December 17, 2024

Ethereum Foundation Sells Another 100 ETH for 420000 Will ETH Price Decline

The Ethereum Foundation has executed another substantial sale, offloading 100 ETH for a whopping 420000 dollars on December 17. This sale raises eyebrows as this isn’t the first occasion they have opted for such a strategy. Continuous sell-offs spark curiosity among market observers regarding the foundation’s reasoning. Ethereum co-founder Vitalik Buterin recently addressed concerns about the Ethereum Foundation’s strategy. Investors are urged to consider the implications of these transactions on ETHโ€™s future price movements as speculation surrounds potential downward trends.

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