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Ethereum Foundation Sells 100 ETH for Dai as Pectra Upgrade Looms

  • Ethereum Foundation sells 100 ETH for Dai as Pectra Upgrade looms.
  • ETH price dip coincides with Ethereum Foundation's continued Ether sales, as network competition grows and Pectra upgrade looms.
  • Ethereum Foundation has sold 4,366 ETH worth over $12.21 million at an average price of about $2,796.
  • The ongoing Ether sale by the Ethereum Foundation indicates major developments expected to be unveiled in the near term, including the Pectra upgrade for scalability.

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