The Ethereum Foundation takes action again, on-chain data raises concerns! According to monitoring by Lookonchain, the Ethereum Foundation sold 100 ETH today, worth approximately $402,400. This action brings the total amount of ETH sold by the foundation since the beginning of 2024 to 4,466 ETH, with a total value of about $12.62 million.

This series of sales has sparked speculation in the market about the future trend of Ethereum. On-chain data analysis shows that the foundation's ongoing sales may have some impact on market liquidity, but the specific effects still need to be observed in light of market reactions and other changes in on-chain data.

Investors need to closely monitor subsequent on-chain data and market dynamics to better understand the potential impact of this phenomenon on the overall market.