Ethereum Foundation’s ETH sales raise concerns: The Ethereum Foundation recently sold 100 ETH for over 374,000 DAI, adding to a staggering 4,366 ETH offloaded in 2024, totaling 12.21 million USD. This marked increase highlights a strategic aim for peak prices, stirring anxiety about market stability.

Recent ETH selloff affects price stability: Ethereum’s latest selloff caused a nearly 3% drop, contrasting its upward momentum with recent gains of 4% and 17% over past periods. Current price fluctuations show ETH trading at 3,649.39 USD, marking a 3.47% decrease in the last 24 hours according to CoinMarketCap.

Ethereum Foundation holds significant ETH reserves: The Ethereum Foundation’s treasury holds ETH valued at 970.2 million USD, leading to concerns about potential future selloffs impacting market stability. As the market enters a bullish phase, this situation underscores the need to balance project funding with market conditions.