David Edwards
The first Ether sale of 2025 has been completed by the Ethereum Foundation, a nonprofit organization based in Switzerland that is committed to developing the Ethereum (ETH) ecosystem. For the purpose of funding continued research and development (R&D), the Foundation converted 100 ETH into 329,463 $DAI. After a number of significant ETH liquidations in 2024, this transaction is the company’s first sell of the year.
The Ethereum Foundation secured $12.61 million in stablecoins in 2024 by offloading 4,466 ETH. In the past, notable cryptocurrency market price corrections have frequently been preceded by the Foundation’s Ether sales.
Market Trends and the Holdings of the Ethereum Foundation
At the moment, the Ethereum Foundation is in possession of digital assets totaling about $914 million, mostly made up of wrapped ETH (WETH) and ETH. In contrast to Bitcoin, Ethereum has seen a decline in interest from institutional investors and whale traders despite these substantial holdings.
Evidence points to a difference in the dynamics of the market: While Ethereum’s supply hasn’t changed much since March 2024, Bitcoin’s on centralized exchanges has been continuously decreasing. Additionally, US spot Ether ETFs have had a hard time taking off. None of the issuers had positive inflows of cash on Tuesday, and they reported a net cash outflow of $86 million. The response to Bitcoin ETFs, which have shown strong acceptance since receiving SEC approval, stands in stark contrast to this.
