Ethereum Foundation keeps selling ETH after telling the market it was staking 70,000 coins

The Ethereum Foundation (EF) announced on Apr. 8 that it would convert 5,000 ETH into stablecoins through CoWSwap’s TWAP feature to fund research, grants, and donations. The announcement reopened a debate over what the foundation’s treasury overhaul was ever meant to accomplish. Over the last year, EF moved treasury assets into DeFi, borrowed against ETH The post Ethereum Foundation keeps selling ETH after telling the market it was staking 70,000 coins appeared first on CryptoSlate.