According to Wu Blockchain, monitored by Onchain Lens, the Ethereum Foundation has completed the sale of 5,000 ETH, exchanging it for 11.1 million DAI at an average price of approximately $2,221. Reportedly, the Ethereum Foundation had previously announced on April 8 that it would sell this batch of ETH in phases via CoWSwap to raise stablecoin operating funds for ecosystem development and grants.