Ethereum Foundation, an NPO supporting the Ethereum (ETH) ecosystem, has engaged in a major ETH swap. The organization reportedly exchanged over $1.5 million worth of ETH for Dai (DAI) stablecoin. The swap was initiated right before the Ethereum price extended below the $2,400 level today. Ethereum Foundation’s ETH swap & other whale transactions According to The post Ethereum Foundation Swaps $1.6 Mln ETH For DAI Amid $120 Mln Whale Selloff appeared first on CoinGape .