@efimenkoand.base.eth
💰 ETHZilla sold 24,291 ETH for $74.5 million
ETHZilla sold 24,291 ETH to repay its debt obligations, receiving $74.5 million. The average sale price was $3,068 per coin. The proceeds will be used to redeem convertible bonds. Approximately 69,800 ETH remained on the balance sheet, equivalent to $206 million
The company first announced the sale of assets at the end of October, planning to sell coins until mNAV stabilised
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