Arkham data shows the foundation’s ether reserves, measured in dollar terms, dipped to their lowest level since October 2020 over the past two and a half weeks.
The Ethereum Foundation’s ETH holdings have dropped to their lowest level in nearly six years on a dollar basis, with its current stash valued at $209 million. Arkham data indicates the value of those ether reserves touched a near six-year low during the past two and a half weeks. The last time the foundation’s holdings were worth less than they are now was in October 2020, underscoring how market prices can sharply change the dollar value of treasury assets even when token balances are held in crypto.