The Ethereum Foundation has made a significant move, selling 100 ETH through CowSwap, a decentralized exchange. The transaction, which occurred just minutes ago, is valued at a staggering $370,000, with the selling price set at $3,773 per ETH.

The transaction was facilitated through CowSwap, a platform that enables users to buy and sell digital assets without the need for intermediaries. The Ethereum Foundation, a non-profit organization dedicated to the development and promotion of the Ethereum blockchain, has reportedly sold the 100 ETH to an unknown buyer.

The transaction is notable not only for its value but also for its transparency. The Ethereum Foundation has been open about its financial activities, and this transaction is no exception. The foundation has provided detailed information about the transaction, including the selling price and the recipient of the funds.

The recipient of the funds is a multisig address starting with 0xbC9. The purpose of this transfer remains unknown, but it is likely that the funds will be used for a specific project or initiative. The Ethereum Foundation has not provided any further information about the transaction or the recipient of the funds.

In conclusion, the Ethereum Foundation's sale of 100 ETH through CowSwap is a significant event in the world of cryptocurrency. The transaction highlights the transparency and openness of the Ethereum Foundation, as well as the potential for decentralized exchanges to facilitate large-scale transactions.