A wallet previously associated with the Ethereum Foundation sold 1,206.7 ETH to the non-profit development organization Argot Collective
Huoxun Finance reported on July 12 that according to on-chain analyst Ember, ArgotCollective, a non-profit development organization that received 7,000 ETH operating funds from the Ethereum Foundation, continued to sell 1,206.6 ETH for 3.61 million USDC 6 hours ago. Since it started selling ETH for stablecoins yesterday, it has sold 2,416.6 ETH for 7.106 million USDC, with an average selling price of $2,941. According to previous news, a wallet associated with the Ethereum Foundation sold 1,206.7 ETH, worth about $3.61 million.