ETH

The Ethereum Foundation completed its third over-the-counter sale of 10,000 ETH to BitMine Immersion Technologies, valued at roughly $22.9 million. The transaction funds the foundation's operations, including research and community grants. This follows similar sales last week and in March.

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BitMine Immersion Technologies bought 10,000 ETH from the Ethereum Foundation for $23 million in an over-the-counter transaction at $2,292.15 per ETH. This follows a similar sale the prior week and a March deal, with proceeds supporting Ethereum operations, R&D, ecosystem grants, and community initiatives.