After experiencing further declines in the cryptocurrency market yesterday, the on-chain data monitoring team Lookonchain pointed out in a tweet that since the Ethereum Foundation sold 100 ETH on December 17, the price of ETH has dropped by 17% to date, marking another successful exit for the Ethereum Foundation. (Background: Ethereum plummeted 10% and fell below $3300! Whales cut losses of nearly 50,000 ETH to repay on-chain debts) (Additional background: ETH's sharp drop of 10% is not a concern) The Trump family's 'WLF' has increased its holdings by $2.5 million in Ethereum, is a rebound imminent?) The U.S. Federal Reserve announced a 25 basis point rate cut on the 19th of this week, while also indicating a slowdown in the pace of rate cuts next year, leading to a bloodbath in the cryptocurrency market over the past two days. Bitcoin hit a low of $92,268 yesterday (20th), with a single-day drop of up to 6.78%; Ethereum's decline was even steeper, reaching as high as 10.4%, with a low spike to $3,100, almost wiping out all gains from the past month. Ethereum trend. Image source: OKX spot market. The Ethereum Foundation is indeed a master of exiting at the top. It is worth mentioning that after further declines in the market yesterday, the on-chain data monitoring team Lookonchain pointed out in a tweet that since the Ethereum Foundation sold 100 ETH on December 17, the price of ETH has dropped by 17% to date, marking yet another successful exit for the Ethereum Foundation. Additionally, over the past year, the Ethereum Foundation has sold a total of 4,466 ETH (approximately $12.6 million) through 32 transactions, of which 15 (marked in red in the image) were sold at the peak price, being jokingly referred to by the community as the true master of exits. Extended reading: The Ethereum Foundation sold another 450 ETH, and Vitalik also sold 760 ETH. Trump's cryptocurrency project WLFI has unrealized losses exceeding $5 million in Ethereum. According to on-chain data analyst Ai Yi, the newly elected President Trump's related cryptocurrency project WLFI has been continuously buying various cryptocurrencies recently, with ETH becoming its largest holding token. However, with the market decline, the unrealized losses of ETH held by the project have reached $2.1 million: Seeing Trump's World Liberty team buy ETH and suffer unrealized losses of $2.1 million, holders might feel a bit better. Ethereum is currently the largest holding asset of the World Liberty address, with a total of 15,597 ETH, valued at approximately $53.46 million, of which: 8,827 ETH were actively bought, costing around $3,678, currently with an unrealized loss of $2.098 million. The remaining 6,770 ETH were obtained from WLFI's public offering, temporarily disregarded. Four hours ago, the WLFI address also increased its holdings by 722.213 ETH at an average price of $3,461. In response, a netizen updated around 7:00 PM yesterday (20th) stating that the unrealized losses of the Ethereum holdings of Trump's WLFI team have exceeded $5 million, commenting: "Even if the King of Heaven buys ETH, it won't help, you will still lose your pants." Seeing Trump's World Liberty team buy $ETH and suffer unrealized losses of $2.1 million, holders might feel a bit better. Currently, ETH is the largest holding asset of the World Liberty address, holding a total of 15,597 ETH, worth $53.46 million; among them, 8,827 ETH are actively purchased (approximately $32.47 million), costing $3,678, currently with an unrealized loss of $2.098 million. The remaining 6,770 ETH are from WLFI... https://t.co/sl0l3mhvTu pic.twitter.com/dSv0whLfOA — Ai Yi (@ai_9684xtpa) December 20, 2024 Related Reports: Senior Ethereum developer jumps to Solana: Frustrated with Ethereum, community retorts: SOL is just a financially powerful paper tiger. Is Ethereum doomed? Solana's Raydium transaction volume has surpassed Uniswap for two consecutive months, with ETH ecosystem funds experiencing a net outflow of $1.2 billion in a single month. The U.S. Bitcoin spot ETF holdings have surpassed Satoshi Nakamoto! Bitwise: Altcoins are decoupling from BTC, and Ethereum is making a comeback. "The Ethereum Foundation is the true master of exiting at the top! In the past year, sold ETH 32 times, 15 times at the peak... Trump also suffered a loss of $5 million" This article was first published on BlockTempo (the most influential blockchain news media).

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