The Ethereum Foundation, ever the darling of the digital aristocracy, has condescended to relinquish 3,750 ETH to the market, but only in the most elegant of manners: measured portions of 416.67, conducted via the illustrious CoW Protocol’s TWAP system. Nine trades have transpired, each fetching an average of $2,214 per ETH, leaving a titillating remainder of 1,250 ETH-worth a modest $2.7 million-stashed in reserve.
While the Foundation dutifully stakes the remainder to earn a modest yield, traders are divided. Some are anxiously primed about a fleeting market tumble, whilst others applaud the most transparent of sales, which could be described, in Wildean terms, as “serviceable prudence masquerading as generosity.”
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2026-04-09 11:51