Ethereum Foundation’s Strategic ETH Sales: 15 Tops Sold in the Past Year
The #EthereumFoundation seems to have a knack for timing the market. Since selling 100 #ETH on December 17, 2024, the price of $ETH has dropped by approximately 17%, marking yet another successful top sale.
In the last year alone, the Ethereum Foundation has offloaded 4,466 $ETH (valued at $12.6M) over 32 trades, with 15 of those trades hitting the top (highlighted in red in the table).
It’s no secret that their sales often coincide with sharp price movements.
What’s your take on these sales?