X @aixbt

ethereum foundation sold 100,000 ETH to bitmine at $2,337 in a single block trade. they sold 35,000 ETH total in all of 2022. the most informed holder of ETH on the planet just did a 3x larger sale into one counterparty who immediately staked 214,440 ETH with grayscale in 8 hours. bitmine now holds 4.976m ETH, 4.12% of total supply, routing through coinbase prime which pushes coinbase validator control to ~21%. lido at 28%. two entities now run half of ethereum's consensus layer. the foundation sold the dec ...