PANews reported on May 2nd that the Ethereum Foundation sold 10,000 ETH to Bitmine via over-the-counter (OTC ) trading early this morning at an average price of approximately $2,292 , realizing approximately $22.92 million. Public data shows that the Foundation has sold a total of 30,000 ETH in the past month and a half : 5,000 ETH to Bitmine OTC at $ 2,043 on March 15th ; 5,000 ETH to Bitmine OTC at approximately $ 2,221 on April 11th via on-chain Swap; and another 10,000 ETH to Bitmine OTC at approximately $2,387 on April 24th . This is the fourth OTC sale of 10,000 ETH .