★Ethereum Foundation sells 5,000 ETH to Tom Lee’s BitMine in $10 million OTC deal
The Big Coin Report Take
The Ethereum Foundation offloaded another 5,000 ETH in an OTC deal, this time to BitMine. Apparently, even the architects of decentralization occasionally find a large, private block trade more convenient than the open market. This marks their second such corporate transaction.
Related Guides
Not financial advice. The Big Coin Report aggregates news for informational purposes only. Nothing on this site constitutes investment advice. Cryptocurrencies are highly volatile. Always do your own research and consult a qualified financial advisor before making any investment decisions. Full disclaimer →
Never miss a story
More from this section
- Strategy (MSTR) is About to Have More Bitcoin Than BlackRock’s IBITBitcoin Magazine13h ago
- Capital B Raises €3 Million to Expand Bitcoin Treasury HoldingsBitcoin Magazine14h ago
Ethereum price outlook as BitMine’s holdings approach 4.6 millionCrypto News19h ago