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Ethereum Foundation sells 10,000 ETH to BitMine to raise $22.9 millionTechub News, according to CoinDesk, the Ethereum Foundation has completed the sale of 10,000 ETH to BitMine at an average price of $2,292.15, with a total value of approximately $22.9 million. The Foundation stated that this over-the-counter transaction is part of its treasury management strategy, and the proceeds will be used for core operations such as protocol research and development and ecosystem funding. This transaction follows the sale of 5,000 ETH to BitMine in March of this year, marking another treasury disposal. The Foundation noted that such OTC transactions are intended to avoid impacting the spot market and are executed through multi-signature wallets to enhance transparency. BitMine, led by Fundstrat analyst Tom Lee, has become one of the Foundation's key institutional buyers.Techub News05/02, 02:17 AM

快讯钱包05/02, 02:17 AM

Ethereum Foundation sells 10,000 ETH to BitMine to raise $22.9 million

Techub News, according to CoinDesk, the Ethereum Foundation has completed the sale of 10,000 ETH to BitMine at an average price of $2,292.15, with a total value of approximately $22.9 million. The Foundation stated that this over-the-counter transaction is part of its treasury management strategy, and the proceeds will be used for core operations such as protocol research and development and ecosystem funding. This transaction follows the sale of 5,000 ETH to BitMine in March of this year, marking another treasury disposal. The Foundation noted that such OTC transactions are intended to avoid impacting the spot market and are executed through multi-signature wallets to enhance transparency. BitMine, led by Fundstrat analyst Tom Lee, has become one of the Foundation's key institutional buyers.

Tom Lee: Ethereum has experienced a ChatGPT moment due to stablecoins.Techub News, according to Cointelegraph, BitMine Chairman Tom Lee stated at the Singapore Token 2049 conference, "Because of stablecoins, Ethereum has experienced its ChatGPT moment." Additionally, he predicted that the price of Bitcoin is expected to reach $1.4 million to $2.2 million.Techub News10/01/2025, 10:53 AM

快讯观点10/01, 10:53 AM

Tom Lee: Ethereum has experienced a ChatGPT moment due to stablecoins.

Techub News, according to Cointelegraph, BitMine Chairman Tom Lee stated at the Singapore Token 2049 conference, "Because of stablecoins, Ethereum has experienced its ChatGPT moment." Additionally, he predicted that the price of Bitcoin is expected to reach $1.4 million to $2.2 million.

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