$ETH

Ethereum is in a precarious situation. Recently, ETH seems to have encountered a cold snap, and its price plummeted. The small increase in the whole year was almost completely wiped out, leaving only a slight increase of 5% as a witness. In this turbulent market, the continuous selling behavior of the ETH Foundation and Vitalik Buterin has aroused widespread speculation and concern from the outside world. Does it indicate a crisis of abandoning the ship at a loss?

In fact, although the ETH Foundation's selling action seems to add fuel to the fire, it may actually contain deeper strategic considerations. According to statistics, the Foundation recently sold 450 ETH worth millions of dollars, and Vitalik Buterin himself sold 760 ETH in a week, which is only part of the selling action in the past eight months, with a total amount approaching 9 million US dollars. Behind these selling behaviors, perhaps it is a financial strategy adjustment of Ethereum in response to market uncertainty.