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Ethereum Foundation Sells $34M ETH to Bitmine, More Selloff Incoming?

  • April 28, 2026
  • 4
  • 1 Min Read

The Ethereum Foundation has been on the investors’ radar lately due to its continuing ETH selling. According to reports, it has been selling Ethereum to Tom Lee’s Bitmine (BMNR), as the ETH treasury firm has continued to bet on the second-largest crypto by market cap. However, it has also raised concerns about whether the Ethereum

The post Ethereum Foundation Sells $34M ETH to Bitmine, More Selloff Incoming? appeared first on CoinGape.

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