Cosmos Ecosystem Giant Interchain Foundation Sells 21,600 ETH Worth $55 Million

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The Interchain Foundation, a key contributor to the Cosmos ecosystem, has sold 21,600 ETH since April 2024, securing $55.97 million. Over the years, the foundation has strategically liquidated 4,499 BTC and 223,305 ETH, amassing around $132.2 million. Despite these notable sales, the foundation continues to hold substantial reserves, signaling its sustained involvement in the crypto space. The move highlights their strategic management of assets while ensuring long-term support for the Cosmos ecosystem.