Everyone is saying that every time the Ethereum Foundation sells ETH, it leads to a crash, becoming a signal to sell at the top. I specifically created a table for analysis, and it’s not as exaggerated as everyone says. To be honest, 100 really doesn’t mean much; this is on the surface. What more people can’t see is that the Ethereum Foundation trades a large amount of ETH through OTC. For example, in August 2024, the Ethereum Foundation sold 35,000 ETH through OTC.

This method of operation is relatively discreet, making it difficult for ordinary investors to observe directly, but its purpose is still to raise funds while minimizing negative impacts on the market.

In addition, the amount of ETH held by the Ethereum Foundation accounts for a small proportion of the total supply, currently only 0.26%. Therefore, its selling behavior has limited direct impact on market liquidity, and there is no need for everyone to focus excessively on it.