According to Ember’s monitoring, Argot Collective has sold a total of 4,826.6 ETH for 15.4 million USDC since July 11, reflecting its strategy to move towards stablecoins.
According to PANews, Argot Collective sold 600 ETH for 2.15 million USDC, part of a broader strategy to convert ETH into stablecoins. Since starting this conversion on July 11, the nonprofit has exchanged a total of 4,826.6 ETH for 15.417 million USDC, averaging $3,194 per ETH.