Ethereum Foundation Sell-Off Fuels Rotation to Best Crypto Presales and Rising Stars
Whale activity often tells the real story behind crypto markets. Starting today, blockchain watchers noted that the Ethereum Foundation (EF) is liquidating 10,000 ETH, roughly $43 million, spread over multiple smaller orders on centralized exchanges to fund research, grants, and donations. These sales follow the new treasury policy introduced in June, which caps operational spending at 15% annually and mandates multi-year reserve buffers. Despite the noise, EF retains a deep treasury, holding over 224,800 ETH, making this sale modest relative to its total reserves. Analysts point out that EF’s transparency in announcing the sale limits market instability, even as critics question why DeFi options weren’t used. Despite…
