BTCC
/
BTCC Square
/
Coindesk
/
Ethereum Foundation Strikes Landmark OTC Deal: 10,000 ETH Sold to SharpLink
Ethereum Foundation Strikes Landmark OTC Deal: 10,000 ETH Sold to SharpLink
17
3
In a move that’s got crypto circles buzzing, the Ethereum Foundation just offloaded a hefty 10,000 ETH—not on the open market, but in a first-of-its-kind over-the-counter (OTC) deal with SharpLink. No dump, no panic—just a slick, institutional-grade transaction.
Why OTC? Because whales don’t swim in public pools. The Foundation bypassed exchange slippage and potential market jitters by locking in a direct sale. Smart money meets smarter execution.
Meanwhile, Wall Street’s still trying to figure out if ETH is a security or a commodity. While they debate, the crypto ecosystem keeps building—and cashing in.
By:
Previous
🚀 HBAR Rockets 13.5% as CoinDesk 20 Index Goes Full Bull Mode – July 2025 Update
Next
Shiba Inu Surges 18% in a Month—Is a Double Bottom Rally Brewing?
