Ethereum Foundation Sells Another 100 ETH, But There’s Still ‘Hopium’ For Hol...
The Ethereum Foundation (EF) recently sold another 100 Ethereum (ETH) for 307,893 DAI, a stablecoin pegged to the US dollar. This marks the third time in 2025 that the EF has sold ETH, raising concerns among ETH holders about the cryptocurrency’s relatively lackluster price performance. EF Continues To Sell Ethereum, But Analysts Offer Hope In a post on X earlier today, on-chain analytics platform Spot On Chain identified a transaction showing that the EF had offloaded another 100 ETH. As of January 27, the EF has sold a total of 300 ETH for approximately $981,200. Related Reading:....
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The Ethereum Foundation (EF) announced that it has completed an over-the-counter (OTC) sale of 5,000 ETH over the weekend. According to the organization’s disclosure, proceeds from this sale will be directed towards its core operations and other activities. Ethereum Foundation Sells $10 Million In ETH To BitMine In a March 14 post on the social […]
Despite a volatile past two weeks, driven by Donald Trump’s proposed trade tariffs and higher-than-expected January 2025 inflation data in the US, Ethereum (ETH) has successfully defended the $2,380–$2,460 demand zone. Now, analysts are eyeing a potential move toward $3,000 for the digital asset. Ethereum Defends Key Demand Zone Amidst Volatility According to an X post by crypto analyst Ali Martinez, ETH has managed to hold above the critical $2,380 – $2,460 demand zone. With no major supply barriers ahead, the cryptocurrency could be on track to reach the $3,000 price target. For....
The Ethereum Foundation has confirmed plans to convert 10,000 ETH, worth around $43 million, into fiat over the course of this month. The move, which was announced by the Ethereum Foundation’s official account on the social media platform X, comes less than two weeks after Ethereum set a new all-time high of $4,946 on August […]
Ethereum has been in the spotlight lately after reaching its highest levels since November 2021, showcasing remarkable resilience following weeks of massive price surges. The rally has drawn intense debate across the market, with analysts divided on Ethereum’s next move. Some argue that a deeper correction is inevitable after such an aggressive run, while others […]
The Ethereum Foundation has completed a direct sale of 5,000 ETH to BitMine Immersion Technologies, the publicly traded treasury firm chaired by Fundstrat’s Tom Lee, in an over-the-counter transaction valued at $10.2 million. The transaction comes at a time when large investors appear increasingly comfortable accumulating Ethereum during the current price range, with on-chain data showing several large wallets quietly building major ETH positions in recent days. Related Reading: DOJ, Europol Freeze $3.5M In Crypto After Dismantling Global Proxy Fraud Network BitMine Continues....