March 15 Hotspot 1 @bitmnr


I. Highlights
1. Ethereum Foundation sold 5,000 ETH to BitMNR early this morning via over-the-counter transaction at a unit price of $2,043, with a total value of approximately $10.21 million.
2. This is the second time Ethereum Foundation has used over-the-counter transaction method to sell ETH to treasury companies; in July last year, it sold 10,000 ETH to Sharplink in a similar manner.
3. Tom Lee holds an extremely aggressive investment stance toward Ethereum, having accumulated over 4.5 million ETH, representing approximately 3.76% of the total supply, with a target holding of 5%.
4. Tom Lee's total crypto and cash assets exceed $10 billion. Since 2014, he has maintained bullish outlook on ETH, viewing it as the macro narrative and financial future for the next 10-15 years.
5. Ethereum Foundation currently still holds approximately 167,650 ETH, valued at approximately $350-400 million, and relative to its $25.2 billion market cap, the position ratio is considered relatively low.
6. Market consensus believes Ethereum ecosystem application scenarios continue to increase, and staking rewards mechanism and decentralization process are the long-term value support.
ETH2,08%
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