Foresight News reported that the Ethereum Foundation's DeFi participation multi-signature wallet sold 1,000 ETH for 4.508 million DAI in the past 7 hours, at a selling price of $4,508. The Ethereum Foundation had previously announced that it would sell ETH for research and development, as well as for donation grants. Notably, just a month ago (on September 3), the foundation transferred 10,000 ETH to an exchange, also stating it was for research, development, and donation grants.