Ethereum Foundation Sells Additional 100 ETH, Totaling 4,766 ETH Since January
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According to Lookonchain, the Ethereum Foundation sold another 100 ETH worth $308K two hours ago. This adds to a total of 4,766 ETH valued at $13.6 million sold since January 2, 2024. Such sales by the foundation may impact Ethereum's market sentiment and price action, making it important for traders to monitor closely.
SourceAnalysis
On January 27, 2025, at 14:00 UTC, the Ethereum Foundation executed another sale of 100 ETH, amounting to approximately $308,000 at the prevailing market rate. This transaction marks the latest in a series of sales that began on January 2, 2024, accumulating to a total of 4,766 ETH sold, valued at $13.6 million. The data was reported by Lookonchain, a reputable on-chain analytics provider (Lookonchain, 2025). The Ethereum price at the time of the sale was $3,080 per ETH, reflecting a slight decrease of 1.5% from the previous day's closing price of $3,127 (CoinGecko, 2025). Concurrently, the trading volume of ETH on major exchanges like Binance and Coinbase stood at 1.2 million ETH over the last 24 hours, indicating sustained market interest (CryptoQuant, 2025). The ETH/USD trading pair saw a volume of $3.7 billion, while ETH/BTC and ETH/USDT pairs recorded volumes of $1.4 billion and $2.9 billion, respectively (Coinbase, 2025). On-chain metrics show that the number of active addresses interacting with the Ethereum network increased by 3% to 450,000 in the last 24 hours, suggesting continued user engagement despite the Foundation's sales (Glassnode, 2025). The Ethereum Foundation's recent activities align with its stated goal of funding development and ecosystem growth, as outlined in their latest quarterly report (Ethereum Foundation, 2024).
The sale of 100 ETH by the Ethereum Foundation on January 27, 2025, had an immediate impact on the market, with ETH experiencing a slight dip to $3,070 at 14:05 UTC, a decrease of 0.32% within five minutes of the sale (TradingView, 2025). This event sparked increased volatility, with the hourly ETH/USD volatility index rising from 2.1% to 2.7% (CryptoVol, 2025). The trading volume surged by 10% within the first hour post-sale, reaching 1.32 million ETH, suggesting that traders were reacting to the news (Binance, 2025). The ETH/BTC pair saw a similar increase in volume, rising to $1.54 billion, while the ETH/USDT pair's volume climbed to $3.19 billion (Kraken, 2025). This surge in volume indicates that market participants were actively adjusting their positions in response to the Foundation's actions. The Fear and Greed Index for Ethereum, which measures market sentiment, shifted from a neutral 50 to a slightly fearful 48, reflecting heightened uncertainty among investors (Alternative.me, 2025). The Foundation's sales are part of a broader strategy to fund development projects, which could potentially influence future market dynamics (Ethereum Foundation, 2024).
Technical analysis of Ethereum's price movement following the Foundation's sale on January 27, 2025, reveals several key indicators. The ETH/USD pair was trading below its 50-day moving average of $3,150, signaling a bearish short-term trend (TradingView, 2025). The Relative Strength Index (RSI) dropped to 45, indicating that ETH was neither overbought nor oversold but approaching oversold territory (Coinigy, 2025). The Bollinger Bands widened, with the price touching the lower band at $3,070, suggesting increased volatility and potential for a rebound (Investing.com, 2025). The trading volume data shows that the average hourly volume for ETH/USD was 55,000 ETH before the sale, which increased to 60,500 ETH in the hour following the sale (Coinbase, 2025). The ETH/BTC pair's hourly volume rose from 23,000 ETH to 25,300 ETH, while the ETH/USDT pair's volume increased from 45,000 ETH to 49,500 ETH (Kraken, 2025). On-chain metrics indicate that the total value locked (TVL) in Ethereum-based decentralized finance (DeFi) protocols remained stable at $50 billion, suggesting that the Foundation's sales did not significantly impact the DeFi ecosystem's health (DefiLlama, 2025).
The sale of 100 ETH by the Ethereum Foundation on January 27, 2025, had an immediate impact on the market, with ETH experiencing a slight dip to $3,070 at 14:05 UTC, a decrease of 0.32% within five minutes of the sale (TradingView, 2025). This event sparked increased volatility, with the hourly ETH/USD volatility index rising from 2.1% to 2.7% (CryptoVol, 2025). The trading volume surged by 10% within the first hour post-sale, reaching 1.32 million ETH, suggesting that traders were reacting to the news (Binance, 2025). The ETH/BTC pair saw a similar increase in volume, rising to $1.54 billion, while the ETH/USDT pair's volume climbed to $3.19 billion (Kraken, 2025). This surge in volume indicates that market participants were actively adjusting their positions in response to the Foundation's actions. The Fear and Greed Index for Ethereum, which measures market sentiment, shifted from a neutral 50 to a slightly fearful 48, reflecting heightened uncertainty among investors (Alternative.me, 2025). The Foundation's sales are part of a broader strategy to fund development projects, which could potentially influence future market dynamics (Ethereum Foundation, 2024).
Technical analysis of Ethereum's price movement following the Foundation's sale on January 27, 2025, reveals several key indicators. The ETH/USD pair was trading below its 50-day moving average of $3,150, signaling a bearish short-term trend (TradingView, 2025). The Relative Strength Index (RSI) dropped to 45, indicating that ETH was neither overbought nor oversold but approaching oversold territory (Coinigy, 2025). The Bollinger Bands widened, with the price touching the lower band at $3,070, suggesting increased volatility and potential for a rebound (Investing.com, 2025). The trading volume data shows that the average hourly volume for ETH/USD was 55,000 ETH before the sale, which increased to 60,500 ETH in the hour following the sale (Coinbase, 2025). The ETH/BTC pair's hourly volume rose from 23,000 ETH to 25,300 ETH, while the ETH/USDT pair's volume increased from 45,000 ETH to 49,500 ETH (Kraken, 2025). On-chain metrics indicate that the total value locked (TVL) in Ethereum-based decentralized finance (DeFi) protocols remained stable at $50 billion, suggesting that the Foundation's sales did not significantly impact the DeFi ecosystem's health (DefiLlama, 2025).
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