Ethereum Foundation’s Strategic $650M Transfer Amid Market Pressure
In a significant market development, the Ethereum Foundation has executed a substantial transfer of 160,000 ETH (valued at approximately $650 million) to a wallet address with a documented history of exchange deposits and sales. This strategic move comes at a critical juncture for Ethereum, as the cryptocurrency faces mounting downward pressure from disappointing ETF performance. Recent data reveals that U.S. spot ETH ETFs recorded $145 million in net outflows on October 20, 2025, extending a two-week trend of declining institutional interest. Blockchain analytics from Arkham Intelligence confirm this wallet's previous transactions directed toward major platforms including Kraken Exchange and SharpLink Gaming, suggesting potential preparation for market operations. The timing of this substantial transfer raises important questions about the Foundation's liquidity management strategy and its implications for Ethereum's price stability. Market analysts are closely monitoring whether this movement represents routine treasury management or signals broader strategic shifts in response to evolving regulatory and market conditions. The combination of institutional outflows and large foundation transfers creates a complex landscape for Ethereum investors, who must weigh long-term fundamentals against short-term market pressures. This development underscores the dynamic nature of cryptocurrency markets, where foundation actions and institutional flows can significantly impact price discovery and market sentiment.
Ethereum Foundation Moves $650M ETH to a Wallet Used for Selling Amid Low ETF Demand
The ethereum Foundation has transferred 160,000 ETH, worth approximately $650 million, to a wallet historically linked to exchange deposits and sales. On-chain data from Arkham Intelligence reveals prior transactions from this address to Kraken Exchange and SharpLink Gaming.
Ether's price faces downward pressure as U.S. spot ETH ETFs record $145 million in net outflows on October 20, compounding two-week withdrawals nearing $500 million. The asset tests critical support at $3,900—a level that held during recent market turbulence—after peaking at $4,959 in mid-August.
Market sentiment remains fragile as institutional demand wanes and foundation-linked selloffs loom. Long-term investors appear to be accumulating at current levels, betting against the bearish technical outlook.
Ethereum Tests Crucial Update Ahead Of Fusaka Launch
Ethereum's network is approaching a pivotal technical milestone as it enters final testing for the Fusaka update, scheduled for mainnet deployment on December 3, 2025. The update introduces a gas limit of 16.78 million units per transaction, a structural shift designed to prevent block monopolization and improve network stability.
This change lays groundwork for parallel transaction execution—a feature slated for 2026's Glamsterdam upgrade. Beyond immediate performance gains, the cap enhances predictability, mitigates DoS risks, and strategically positions Ethereum to address scaling challenges as adoption grows.
Ethereum Shows Signs of Recovery as Spot ETF Inflows Resume
Ethereum's price trajectory is gaining momentum as U.S. spot exchange-traded funds (ETFs) recorded $141 million in inflows, signaling a potential turnaround after days of outflows. The cryptocurrency currently trades NEAR $3,857, with key support at $3,800 and resistance looming near $4,500.
Fidelity's FETH and BlackRock's ETHA led the charge with $59.07 million and $42.46 million in inflows, respectively. Grayscale's offerings also saw modest but notable investments. Trading volume surged 35% to $45.8 billion, while derivatives activity jumped 57%, suggesting renewed market participation.
Despite recent volatility—including a 10% monthly decline and 21% drop from its August peak—the resurgence in ETF activity and rising open interest point to rebuilding confidence among institutional and retail traders alike.
Ethereum's Fusaka Upgrade Enters Final Testnet Phase Ahead of December Mainnet Launch
The Ethereum network is approaching a pivotal moment as its Fusaka upgrade enters the final testnet phase, setting the stage for a December 3 mainnet rollout. This hard fork, following the Pectra upgrade earlier in 2025, aims to enhance scalability, efficiency, and security by optimizing block processing and introducing a per-transaction gas cap of 16.78M units.
Key improvements include a raised block gas limit to ~60M units, enabling higher throughput and better Layer-2 support. The upgrade also implements PeerDAS (Peer Data Availability Sampling) to strengthen data verification. Market participants are monitoring how these changes might affect ETH's price trajectory and broader altcoin momentum.
