Ethereum Foundation finalized an OTC sale of 10,000 ETH to BitMine at $2,387 per ETH; BitMine holds about 4.976 million ETH (~$11.6B), with roughly 3.588 million ETH staked (72.1%). Abstract: On April 24, the Ethereum Foundation announced the finalization of an OTC sale of 10,000 ETH to BitMine at an average price of $2,387 per ETH. BitMine's total ETH holdings amount to about 4.976 million ETH (roughly $11.6 billion), with approximately 3.588 million ETH staked, comprising around 72.1% of its stake. The transaction underscores BitMine's substantial, predominantly staked position in ETH and the Foundation's strategic divestment of part of its holdings.

AirdropBlackHole

2026-04-24 17:21:19

Abstract generation in progress

On April 24, the Ethereum Foundation announced the finalization of a sale of 10,000 ETH to BitMine through an over-the-counter (OTC) trading platform, at an average price of $2,387 per coin. BitMine currently holds a total of 4.976 million ETH, valued at approximately $11.6 billion, of which about 3.588 million ETH is staked, accounting for approximately 72.1% of its total holdings.

ETH-0.68%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

Reward
like
Comment
Repost
Share

Comment

Add a comment

No comments

Trending Topics
View More
#
WCTCTradingKingPK
173.23K Popularity
#
CryptoMarketSeesVolatility
235.61K Popularity
#
rsETHAttackUpdate
76.65K Popularity
#
US-IranTalksStall
189.92K Popularity
#
ETHMemeCoinFLORKSurges
41.04K Popularity

Sitemap

Ethereum Foundation to Sell 10,000 ETH to BitMine at Average Price of $2,387

Trending Topics

WCTCTradingKingPK

CryptoMarketSeesVolatility

rsETHAttackUpdate

US-IranTalksStall

ETHMemeCoinFLORKSurges

Pin