{"id":725150,"date":"2026-05-02T13:00:42","date_gmt":"2026-05-02T10:00:42","guid":{"rendered":""},"modified":"2026-05-02T13:00:42","modified_gmt":"2026-05-02T10:00:42","slug":"ethereum-foundation-sells-another-10000-eth-to-bitmine-in-third-otc-deal","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/ethereum-foundation-sells-another-10000-eth-to-bitmine-in-third-otc-deal\/","title":{"rendered":"Ethereum Foundation sells another 10,000 ETH to BitMine in third OTC deal"},"content":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\"><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9wYXlsb2FkLmx1bS10cmkub3JnL2FwaS9hcnRpY2xlLWNvdmVycy9maWxlL0hJJTIwaG93LXRvLXNlbGwtZXRoZXJldW0tZ3VpZGUtZm9yLWJlZ2lubmVycy5qcGc\/cHJlZml4PW1lZGlhJTJGYXJ0aWNsZS1jb3ZlcnM=.jpg\" alt=\"Ethereum Foundation sells another 10,000 ETH to BitMine in third OTC deal\" class=\"type:primaryImage\"><\/p>\n<p>The Ethereum Foundation has now sold roughly $47 million worth of ETH to BitMine in a week, drawing fresh criticism over the pace and scale of its sales.<\/p>\n<p>The Ethereum Foundation has completed a third over-the-counter (OTC) sale of ETH to BitMine Immersion Technologies, offloading another 10,000 ETH at an average price of $2,292 per coin, worth roughly $22.9 million.<\/p>\n<p>\u201cThis sale funds the Ethereum Foundation\u2019s core operations and activities, including protocol R&amp;D, ecosystem development, community grant funding and more,\u201d the Foundation <a rel=\"nofollow\" target=\"_blank\" href=\"%E2%80%9CThissalefundstheEthereumFoundation'scoreoperationsandactivities%2CincludingprotocolR%26D%2Cecosystemdevelopment%2Ccommunitygrantfundingandmore%2C%E2%80%9DtheFoundationwrote.https%3A%2F%2Fx.com%2Fethereumfndn%2Fstatus%2F2050260388046836177\">wrote<\/a> in a Friday post on X.<\/p>\n<p>The sale follows a nearly identical 10,000 ETH transaction completed just one week earlier at $2,387 per coin. The Foundation&#8217;s first sale to BitMine came in March, when it sold 5,000 ETH at around $2,043. Combined, the Foundation has sold <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roximately $47 million worth of ETH to BitMine in the past week alone.<\/p>\n<p>Read more<\/p>\n<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" target=\"_blank\" >General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/ethereum-foundation-sells-another-10000-eth-to-bitmine-in-third-otc-deal?utm_source=rss_feed&#038;utm_medium=feed&#038;utm_campaign=rss_partner_inbound\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ethereum Foundation has now sold roughly $47 million worth of ETH to BitMine in a week, drawing fresh criticism over the pace and scale of its sales. The Ethereum Foundation has completed a third over-the-counter (OTC) sale of ETH to BitMine Immersion Technologies, offloading another 10,000 ETH at an average price of $2,292 per&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-725150","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/725150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=725150"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/725150\/revisions"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=725150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=725150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=725150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}