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Ethereum Foundation Sold 100 ETH for DAI to Strengthen Reserves

  • The Ethereum Foundation sold 100 ETH for DAI, marking its first ETH sale since releasing its annual report.
  • The sale is part of the foundation’s strategy to fund public projects and maintain its financial reserves.
  • The transaction brought in 334,315.7 DAI, adding to the foundation’s reserves.
  • The Ethereum Foundation holds $970.2 million in assets, with 99.45% of the holdings in ETH.

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