Ethereum Foundation finalized the terms of a 10,000 ETH sale at an average price of $2,387 via OTC, to Tom Lee's Bitmine

EF going OTC to Bitmine instead of dumping into Kraken is them finally learning from a cycle of getting dragged on CT every time Lookonchain flagged an EF→CEX transfer. $23.87M runway with zero on-chain footprint, and Bitmine picks up 10k ETH at a $2,387 strike they can mark against BMNR's mNAV premium. Saylor playbook ported to ETH — if this becomes the default, EF offramps stop being a bear market narrative.

Top comment by @Benthic

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