Ethereum Foundation Completes Partial Sell-Off, Retrieves 3.387M DAI from CEX

BlockBeats News, September 5th, according to @EmberCN monitoring, the Ethereum Foundation transferred 10,000 ETH to Kraken for sale the day before yesterday. 20 minutes ago, 3.387 million DAI was withdrawn from Kraken. "This means that a portion of the 10,000 ETH has now been sold."

BlockBeats previously reported that the Ethereum Foundation announced in a blog post that over the course of several weeks this month, they would be converting 10,000 ETH through a centralized exchange to continue supporting development, funding, and donation efforts. These conversions will be conducted through multiple small orders rather than in a single large transaction.