2026-05-02 19:52:50
Ethereum Foundation Sells 10,000 ETH to Bitmine for $23M on Friday, Cumulative $47M in Week
According to The Block, the Ethereum Foundation sold 10,000 ETH valued at approximately $23 million to Tom Lee's Bitmine Immersion Technologies on Friday, bringing the total ETH sales to Bitmine to roughly $47 million within a week. The latest transaction occurred at an average price of $2,292.15 pe