Ethereum Foundation to Sell 10K ETH for R&D, Grants, and Donations

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1 day ago

Ethereum Foundation to Sell ETH—Smart Treasury Strategy

The Ethereum Foundation has announced it will convert 10,000 ETH into fiat over several weeks this month, using centralized exchanges and a string of smaller orders rather than one big sell-off. The move is meant to fund research and development, support ecosystem grants, and cover donations and operational costs. Rather than panic selling, its plan is a measured conversion designed to reduce price disruption, a key point for traders watching ETH price, crypto markets, and volatility on exchanges.

Source : X

Why the Foundation Chose Multiple Small Transactions Instead of One Big Sell

As per the X post it needs cash to keep building. Ethereum’s protocol work, developer grants, and community programs have real payrolls and bills. To avoid a single, market-shaking transaction, it will spread conversions across multiple small orders on centralized venues. This technique helps reduce rapid fluctuations that may cause immediate responses across on-chain data streams and cryptocurrency , or they could spread through DeFi liquidations. For readers tracking the Ethereum foundation to sell, this underlines a preference for steady treasury management over one-time headlines.

Treasury Policy Explains the Timing of the Sale

This step is part of a new treasury structure that the EF released in June. It outlined operational cost (Opex) buffer objectives and explained how ETH sales may occur if fiat holdings deviate from them. With alternatives including fiat off-ramps and on-chain swaps, the policy established an Opex cap and guidelines on when to convert tokens into cash.

Source : Website

Since announcing the treasury policy, the Foundation has sold about $25 million worth of Ether to SharpLink Gaming and 2,795 coins worth about $12.7 million in two transactions. One of EF’s most significant sales of 100,000 coins in December 2020 may have contributed to the price surging to then all-time highs over months.

Price Prediction & What Traders Should Watch

The coin is trading at $4324 with 38B 24hr volume. The layer-2 token faces a slight decline of 1% in the past 1 day. Analysts remain cautiously optimistic. Some suggest we could see a gentle climb toward $4,500 if the sale goes smoothly without triggering sharp sell pressure.

Source : Coinmarketcap

Others believe if markets absorb the ETH trades well, and broader crypto sentiment stays positive (especially around ETF inflows and regulatory clarity), ETH could inch higher later this year possibly toward the $7,500-$10,000 range , though that remains speculative

Market Reaction: How Traders View the Ethereum Foundation’s Move

Despite the announcement that the Ethereum Foundation will sell 10,000 ETH in a phased sequence of sales over the next several weeks, Ethereum is now trading at about $4,336 according to real-time data from CoinMarketCap. Many traders have been encouraged by this systematic plan, which they view as smart treasury management rather than a panic-driven dump.

Also read: Linea Airdrop Ignition: 1B Tokens Boost Aave, Euler, and Etherex

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