The Ethereum Foundation sold another 10,000 ETH (approximately $23 million) to Bitmine, bringing its total sales, including a similar transaction a week ago, to approximately $47 million. The Foundation stated that the funds will be used for core operations, including protocol development, ecosystem building, and community support. Data shows that Bitmine has been continuously increasing its staking since the acquisition, currently staking approximately 4.19 million ETH (approximately $9.5 billion), representing about 83% of its total holdings.