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Ethereum Price Prediction: ETH Foundation Sells $11M Amid Market Fear - Is Something Big Brewing?

Ethereum Price Prediction: ETH Foundation Sells $11M Amid Market Fear - Is Something Big Brewing?

Cryptonews
Author:
Cryptonews
Release Time:
2026-04-09 09:03:17
0

The Ethereum Foundation has triggered market alarm by selling $11 million worth of ETH into extreme fear conditions, with analysts warning this could spark a 10% price correction. The foundation is converting 5,000 ETH into stablecoins using CoWSwap's TWAP feature, citing operational funding for R&D, grants, and donations - but the timing has traders questioning whether this signals deeper turbulence ahead for the world's second-largest cryptocurrency.

Ethereum Foundation is moving $11 million of ETH, and the timing, against a backdrop of extreme fear, is raising bearish price prediction.

Fear and Greed Index, Alternative

Ethereum Price Prediction: Is $2,500 Too Much To Ask?

ETH is consolidating near $2,100–$2,200, a support zone, and a critical to near-term direction. Medium volatility is 3.73%, with 63% green days over the past 30 days.

For pot holders and longers, we want ETH to hold $2,100 support, clear resistance near $2,175 by April 10, and push toward analyst targets of $2,450–$2,650 next week, a range cited by Changelly and CoinCodex.

Ethereum Foundation is moving $11 million of ETH, and the timing, against a backdrop of extreme fear, is raising bearish price prediction.

ETH USD, Tradingview

However, a consolidation continues in the $2,100–$2,200 band as the market digests EF selling pressure and macro uncertainty. Although a close below $2,000 opens the door to a slide toward as low as $1,200, only if current bounce momentum stalls entirely.

The 1-month outlook carries more optimism, $2,600 per our projections, but that requires a shift in sentiment that Extreme Fear readings don’t currently support.

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