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Ethereum Foundation Pivots to DeFi—Slams Brakes on ETH Sell-Off
Ethereum Foundation Pivots to DeFi—Slams Brakes on ETH Sell-Off
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The crypto world's most influential non-profit just made a power move. Ethereum Foundation—long the quiet giant of Web3—is diving headfirst into decentralized finance while dramatically cutting back its ETH treasury sales.
Why the sudden shift? Observers suspect a calculated play to align with the sector's explosive growth—and maybe, just maybe, to avoid tanking ETH's price like a rookie trader dumping bags at market open.
One hedge fund manager quipped: 'Guess even idealists notice when their endowment shrinks faster than a leveraged shitcoin position.'
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