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Ethereum Foundation Offloads $23M in ETH to BitMine for Third Time in Two Months

Posted on May 2, 2026
By Cointelegraph
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1 min read

Ethereum Foundation Offloads $23M in ETH to BitMine for Third Time in Two Months

The Ethereum Foundation completed its third OTC sale to BitMine, offloading 10,000 ETH for $22.9 million as community criticism grows over the foundation's repeated ETH sales.