The Ethereum Foundation, a charitable institution committed to supporting Ether and its ecosystem, has made its first ETH sales in 2025. The move has once again raised curiosity from the ETH community about the intentions of such market activity.
Ethereum Foundation sells 100 ETH
Today, January 8, according to data shared by crypto analyst Spot on Chain, the Ethereum foundation sold hundreds of Ether coins.
The analyst described the offloading as the first Ether sales sanctioned by the renowned foundation in 2025. Data shows that the company exchanged 100 Ether coins for 329,463 Dai coins, a stablecoin operating on top of the Ethereum protocol.
The trading activity gained public scrutiny, especially from the Ether community. The sales appear to have caused negative sentiment among Ether investors and traders, as ETH is currently trading down, signaling uncertainty in the market.
The foundation exclusively made the sales for DAI transaction activity as the coins were sent to a DEX platform. This is not the first time the foundation dumped ETH; the organization has been doing that in the past.
Last year on December 17, the foundation offloaded 100 ETH for $420,470. In fact, a week before such sales, the firm offloaded 100 Ether tokens for 374,334 Dai. Last year, the foundation made several ETH sales, accumulatively totaling 4,466 ETH worth $12.62 million.
Such frequent sales often make market observers concerned about the effect on ETH prices. Despite holding a massive $970.2 million in treasury, as of December 17, 2024, the foundation continues to sell Ether. Since most of these holdings are in ETH, big sales, like the ones highlighted above, normally create selling pressure on the altcoin.
Late last year, Ether co-founder Vitalik Buterin talked about why the Ethereum foundation regularly sells ETH as a response to public concerns. He said the foundation normally sells Ether to support to operations of public projects that are deemed important. He further stated that such sales are also timely executed to maintain Ethereum reserves.
Ether price updates
Today, Ether’s price is down amid the recent crypto markets cool down, which neutralized the gains made in the last five days. Bitcoin currently trades at $95,049.69 on Wednesday after seeing a decline of 5.7% over the previous day.
Ether and XRP are also down 7.6% and 3.3% respectively over yesterday, including major cryptocurrencies that have recalled their prices. The latest fallback has caused a series of liquidations, causing $712 million in total selloffs in the entire crypto markets in the last 24 hours. That is data according to data from CoinGlass, showing that the broader markets continue their correction momentum.
Ether is currently down 7.6% trading at $3,347.49 over yesterday. It has been down 3.5% in the last two weeks. Despite the failure to maintain its values above $3,500 over the previous weeks, Ether shows bullish signals, indicating that a climb to $4,000 is within its reach.
