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Author Topic: Ethereum Foundation Sold $100 Million ETH at Peak Price  (Read 3061 times)

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Ethereum Foundation Sold $100 Million ETH at Peak Price
« on: December 16, 2019, 07:14:12 AM »
At the peak of the market during the massive bull run of 2017, the Ethereum Foundation liquidated 70,000 ETH. Ethereum co-founder Vitalik Buterin convinced the foundation to sell at that time.

The price of ETH peaked at $1,400 during January of 2018, which would have netted approximately $100 million from the sale. Buterin also disclosed a personal sale of 30,000 ETH at the same time.


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Ethereum Foundation Sold $100 Million ETH at Peak Price
« on: December 16, 2019, 07:14:12 AM »

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