The Ethereum Foundation sold 5,000 ETH to BitMine, worth approximately $10.22 million.

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According to ChainCatcher, the Ethereum Foundation officially announced that it finalized an off-exchange transaction today for 5,000 ETH at an average price of $2,042.96, for a total value of approximately $10.22 million. The counterparty in the off-exchange transaction was BitMine, the largest treasury company in the Ethereum ecosystem. This sale will fund the Foundation's core operations and activities, including protocol development, ecosystem development, and community funding.

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