According to @EmberCN, a recent sale of 1,210 Ethereum (ETH) was conducted by Argot Collective, a non-profit development organization, and not the Ethereum Foundation itself. The clarification, provided by Ethereum Foundation member @hwwonx, indicates the funds originated from a 7,000 ETH grant transferred from the Foundation to Argot Collective on July 4th. This transaction clarifies that the recent market sell pressure came from a grant recipient for operational purposes, rather than a direct treasury sale by the Ethereum Foundation, which is a key distinction for traders evaluating foundation activity.

According to @jessepollak, the Base ecosystem fund, managed in collaboration with @HoolieG and team, is actively supporting innovative builders across the Base economy. This initiative is designed to accelerate project development and foster growth within the Base blockchain, potentially impacting token liquidity and trading opportunities for early-stage Base projects (source: Twitter @jessepollak, May 1, 2025). Traders should monitor projects receiving funding, as ecosystem grants often precede increased network activity and market momentum.