Ethereum Foundation’s Bold Move: Transparent ETH Sale Shakes Crypto Markets

The Ethereum Foundation just pulled off a masterclass in market transparency—while dumping a stack of ETH big enough to make a whale blush.

Strategic sell-off or smart cash-out?

While the foundation claims this was a 'planned treasury rebalance,' the timing raises eyebrows. After all, what better way to demonstrate transparency than executing a nine-figure sale while the entire market watches ETH flirt with yearly highs?

The move comes as institutional players increasingly demand clearer communication from crypto projects. Love it or hate it, the foundation just gave them a textbook example—complete with perfect price impact for maximum drama.

Meanwhile, traditional finance bros are still trying to figure out how to short ETH with their 401(k)s.

$3,016 Foundation conducted a notable transaction through Uniswap V4, selling 1,210 ETH at an average price of $2,889.50, amounting to approximately 3.5 million USDC. This transaction marks the final phase of a strategic process that involved gradually transferring a massive 21,000 ETH, which had been collected in a single wallet last month, across various addresses. By maintaining a transparent budget policy, the ethereum Foundation continues to provide resources for development, grants, and ecosystem projects. This consistent sales strategy, which does not affect market liquidity, was confirmed in real-time through blockchain data tracking by Lookonchain.

ContentsAsset Management Insights and TimingMarket Reaction, Whale Activity, and Metrics

Asset Management Insights and Timing

Throughout the previous month, 21,000 ETH were securely stored in a multi-signature wallet. Subsequently, 7,000 ETH were distributed to a second address, laying the groundwork for the sale executed today. The Foundation completed the transaction in the Uniswap V4 pool, known for its speed and transparency in the decentralized market. The pressure-free swap process was monitored in real-time by the community, thanks to the traceability of wallet-to-wallet movements.

The primary objective of the sale is to uphold the Ethereum Foundation’s long-standing commitment to balanced treasury management. These cryptocurrency exchanges, conducted to finance developer grants, research funds, and essential operations, are integral to the organization’s flexibility in facing uncertain market fluctuations. With this approach, the Foundation is positioned as one of the trusted players in the cryptocurrency world.

Market Reaction, Whale Activity, and Metrics

The price of ETH briefly reached $3,000 before finding support at the $2,750 mark. At the time of writing, the altcoin leader is trading at $3,005. While the Ethereum Foundation conducted its sale, institutional and whale wallets accumulated $358 million worth of ETH in the last 24 hours, indicating strong institutional interest in the market.

During the same period, the total value locked (TVL) within the Ethereum network climbed from $50 billion to $73 billion over three months. Conversely, transaction fees decreased by 22%, resulting in a reduced amount of ETH being burnt. The slower reduction in circulating supply is one of the reasons the Ethereum Foundation opted for today’s sale, facilitating the generation of liquid resources to cover operational expenses.

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