1 week Ago
The Ethereum Foundation treasury currently holds $650 million in the main wallet. Ethereum has plunged by 5%, trading at $2,260. The non-profit organization of the Ethereum blockchain, Ethereum Foundation, will release an updated financial report, as per the official statement.
The organization's treasury has witnessed a significant reduction, with its main wallet holding approximately $650 million. This represents a steady decline in the foundation's holdings since March 2022. At that point, the Ethereum Foundation treasury reported a balance of about $1.
6 billion. Moreover, the Ethereum (ETH) price was notably higher, and the foundation held approximately $1.3 billion in ETH and about $11 million of "other crypto.
" This underscores the market...
Sarayu Krishna.
