The Ethereum Foundation finalized a 10,000 ETH over-the-counter sale to BitMNR at an average price of $2,387 per token.
The Ethereum Foundation finalized terms of a 10,000 ETH sale at an average price of $2,387 per token via over-the-counter (OTC) trading on April 24, 2026. BitMNR served as the OTC counterparty for the transaction, which valued the sale at approximately $23.87 million based on the stated average price.
The sale represents a significant asset movement by the Ethereum Foundation, which maintains treasury holdings to fund ecosystem development and research. OTC trades of this scale typically indicate institutional-grade transactions executed outside public order books to minimize market impact.
Sources: Ethereum Foundation | Degenerate News
This article was generated automatically by The Defiant’s AI news system from publicly available sources.
Source: https://thedefiant.io/news/markets/ethereum-foundation-sells-10000-eth-to-bitmnr-otc-ss1db6
