Ethereum Foundation Sells $31.5M ETH Amid Price Surge

Ethereum Foundation sold $31.5M ETH during a price surge as ETF inflows hit $1B, showing strategic market timing and planning.

Institutional ETH demand grows with $9B in corporate treasuries while Foundation sales aim to diversify reserves without hurting momentum.

Despite large ETH sales, prices stay bullish above $4,690 as ETF inflows and institutional adoption boost long-term confidence in Ethereum.

A wallet linked to the Ethereum Foundation has sold over $31.5 million worth of ETH within hours, taking advantage of the cryptocurrency’s sharp rally. The transactions occurred as Ethereum’s price climbed above $4,500, marking its highest level this year

According to Spot On Chain,The linked address sold 4,095 ETH for $18.75 million in DAI at $4,578, followed by 1,100 ETH for $5.06 million at $4,602, and 1,695 ETH for $7.72 million at $4,556. This wallet originally received 20,756 ETH from the Foundation in May 2017, then valued at just $4.75 million.

Sales Coincide With Strong ETF Inflows

Ethereum’s rally has been fueled by record-breaking flows into spot Ethereum exchange-traded funds. On Monday, daily net inflows topped $1 billion for the first time since these products launched. This surge reflects growing institutional interest in Ethereum through regulated investment vehicles.

Besides ETF momentum, corporate ether treasuries now hold close to $9 billion in ETH. SharpLink Gaming and Bitmine lead these holdings, signaling stronger institutional conviction in Ethereum’s long-term potential. Additionally, these treasuries contribute to reduced circulating supply, potentially aiding upward price pressure.

The Foundation’s decision to sell during this bullish period may be part of strategic treasury management. It could also be a response to favorable market conditions. While selling into strength can raise questions about market outlook, it often reflects a desire to diversify reserves.

Institutional Growth and Market Outlook

Ethereum's institutional interest has significantly grown. These days, major players look for exposure through regulated, organized channels like spot ETFs. This change indicates that Ethereum is being more widely accepted as a fundamental digital asset and that the market is becoming more stable.

Moreover, the Ethereum Foundation still holds significant ETH reserves alongside its DAI position. These resources support ongoing research, protocol development, and ecosystem expansion. The Foundation’s periodic sales highlight its active role in balancing financial security with development goals.

Bullish momentum is still present despite the sales. At the time of writing, Ethereum was trading at $4,697.90, up 9.53% from the previous day. Because of the increased market activity, trading volume increased to $66.38 billion.

The post Ethereum Foundation Sells $31.5M ETH Amid Price Surge appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

ETH2.45%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 28
  • 1
  • Share
Comment
0/400
GateUser-1a2fd539vip
· 8h ago
Sit tight and hold on, we are about to To da moon 🛫
View OriginalReply0
GateUser-1a2fd539vip
· 8h ago
Sit tight and hold on, we are about to To da moon 🛫
View OriginalReply0
GateUser-1a2fd539vip
· 8h ago
Sit tight and hold on, we are about to To da moon 🛫
View OriginalReply0
GateUser-1a2fd539vip
· 8h ago
Sit tight and hold on, we are about to To da moon 🛫
View OriginalReply0
GateUser-1a2fd539vip
· 8h ago
坐稳扶好,马上起飞 🛫
Reply0
GateUser-1a2fd539vip
· 8h ago
Sit tight and hold on, we are about to To da moon 🛫
View OriginalReply0
GateUser-a8e4d5c5vip
· 11h ago
Hold on tight, we're taking off To da moon 🛫
View OriginalReply0
GateUser-a8e4d5c5vip
· 11h ago
Hold on tight, we're taking off To da moon 🛫
View OriginalReply0
GateUser-a8e4d5c5vip
· 11h ago
Hold on tight, we're taking off To da moon 🛫
View OriginalReply0
GateUser-a8e4d5c5vip
· 11h ago
Hold on tight, we're taking off To da moon 🛫
View OriginalReply0
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)