Why Is Ethereum Foundation Selling ETH? Samson Mow Slams ETH as 'Not Money' While Concerns Grow
Yahoo Finance·2026-03-19 10:50
Key Takeaways Ethereum Foundation sales are strategic, it says. Samson Mow’s remarks underscore ongoing tensions between Bitcoin and Ethereum. Vitalik Buterin and EF’s sales risk hurting investor confidence. The Ethereum Foundation’s (EF) latest ETH sale has reignited debate over the crypto’s role as a store of value. The non-profit confirmed it sold 5,000 ETH at an average price of $2,042.96 via an over-the-counter (OTC) transaction on March 14, drawing criticism from prominent Bitcoin advocate ...