ETH Loosing Institutional Recognition, Will Ethereum Price Tumble?

Today, the Ethereum Foundation made a massive financial move, selling 100 ETH for 374,334 DAI. This transaction highlights an increasing institutional appetite for stablecoin as blockchain foundations increasingly turn to it to stabilize volatility and maintain operational liquidity. Since 2024, the Foundation has reached $12.21 million through 4,366 ETH sales, with an average per ETH […] The... source: https://www.thecoinrepublic.com/2024/12/12/eth-loosing-institutional-recognition-will-ethereum-price-tumble/