PANews reported on July 19 that according to on-chain analyst Ember’s monitoring, Argot Collective, a non-profit development organization that received 7,000 ETH operating funds from the Ethereum Foundation, continued to sell 600 ETH for 2.15 million USDC 6 hours ago. Since it started selling ETH for stablecoins on 7/11, it has exchanged 4,826.6 ETH for 15.417 million USDC, with an average selling price of $3,194.