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Ethereum Foundation Converts 1,000 ETH to Stablecoins – Here’s Why
['Oluwapelumi Adejumo', 'Mohammad Shahid']
Top Cryptocurrency News Today — BeInCrypto
The Ethereum Foundation has announced plans to sell 1,000 ETH, worth roughly $4.5 million, as ETH’s price climbs above $4,500 for the first time since mid-September.
SponsoredSponsoredEthereum Foundation’s 17th ETH Sale This Year Renews Market DebateBy using TWAP, the Foundation aims to reduce price volatility, minimize slippage, and secure more balanced execution prices.
1/ Today, The Ethereum Foundation will convert 1000 ETH to stablecoins via 🐮 @CoWSwap's TWAP feature, as part of our ongoing work to fund R&D, grants and donations, and to highlight the power of DeFi.
Meanwhile, according to data from the Strategic ETH Reserve, this marks the Foundation’s 17th ETH sale in 2025.
SponsoredSponsoredEthereum Foundation ETH Holdings.