🚨 ETHEREUM FOUNDATION SELLS 5,000 $ETH TO TOM LEE'S BITMINE FOR $10.2M

The OTC deal at $2,042.96/ETH funds protocol R&D, ecosystem grants, and core operations, keeping the sale off open markets to avoid the price impact that drew community criticism in past transactions.

The buyer: BitMNR , the largest publicly traded ETH treasury firm holding 4.53M $ETH ($9.4B). They're targeting 5% of total ETH supply.

Meanwhile the EF is also staking up to 70,000 $ETH. Selling a little, locking up a lot.

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#ETH #TomLee #UseAIforCryptoTrading