Introduction to the Ethereum Foundation
The Ethereum Foundation, a Swiss-based nonprofit organization dedicated to the advancement and well-being of the Ethereum network, has commenced its Ether sales for the year 2025. This strategic move aims to bolster research and development (R&D) funding. Recently, the Foundation exchanged 100 ETH for 329,463 DAI, marking its first sale of the year.
Recent Ethereum Sales and Market Behavior
In 2024, the Ethereum Foundation executed a substantial sale of 4,466 ETH, acquiring $12.61 million worth of stablecoins. These transactions often precede significant Ether price adjustments. Presently, the Foundation maintains digital assets valued at approximately $914 million, primarily in ETH and Wrapped Ether (WETH).
Low Demand for Ethereum By Whale Investors
The demand for Ethereum among institutional investors and whale traders has been subdued compared to Bitcoin. Recent trends show a decline in the overall supply of Bitcoin on centralized exchanges, whereas Ethereum’s supply has remained relatively stable since March 2024.
Moreover, US spot Ether ETFs have not experienced the same level of adoption as Bitcoin ETFs, even after gaining approval from the US Securities and Exchange Commission (SEC). This was evident when US spot Ether ETFs recorded a net cash outflow of $86 million, with no issuer reporting a net cash inflow.
Midterm Expectations for Ethereum
Despite a short-term bearish outlook, Ethereum’s price is forming a macro bullish continuation pattern, hinting at a possible breakout to a new all-time high soon. On weekly and monthly charts, Ethereum’s price trajectory appears poised for an upward surge.
In contrast, Ethereum bears currently dominate the daily time frame due to limited buying pressure. The large-cap altcoin, with a fully diluted market valuation of around $403 billion and a 24-hour trading volume averaging $40 billion, is potentially developing a head and shoulders pattern, coupled with bearish divergence on the daily Relative Strength Index (RSI).
Stay Informed in the Crypto World!
Keep yourself updated with breaking news, expert analysis, and real-time information on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
