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Ethereum Foundation Sells 100 ETH Again to Support Key Projects

  • The Ethereum Foundation sold 100 ETH for 334,315.7 DAI, marking the first substantial ETH sale since the release of its 2024 annual report.
  • These sales are necessary to cover running expenses and fund developers and researchers improving the Ethereum network.
  • ETH holders remain optimistic as Ethereum's Net Unrealized Profit/Loss (NUPL) statistic indicates confidence in ETH's future price trajectory.
  • Standard Chartered predicts ETH could reach $10,000 in a favorable regulatory environment, stimulating further investment in Ethereum.

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