The Ethereum Foundation completed a sale of 5,000 ETH at an average price of $2,221.

CoinFeed reported on April 11 that, according to Onchain Lens monitoring, the Ethereum Foundation has sold all 5,000 ETH, obtaining $11.1 million worth of DAI, with an average exchange rate of $2,221. Previously, it was reported that the Ethereum Foundation planned to use CoWSwap's TWAP function to convert the 5,000 ETH into stablecoins in batches to support ongoing research, funding, and donations.