• bitcoinBitcoin (BTC) $ 89,121.00
  • ethereumEthereum (ETH) $ 3,017.98
  • tetherTether (USDT) $ 0.998725
  • bnbBNB (BNB) $ 898.49
  • xrpXRP (XRP) $ 1.91
  • usd-coinUSDC (USDC) $ 0.999703
  • jusdJUSD (JUSD) $ 0.999053
  • staked-etherLido Staked Ether (STETH) $ 3,017.31
  • tronTRON (TRX) $ 0.293727
  • dogecoinDogecoin (DOGE) $ 0.126036
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.03
  • cardanoCardano (ADA) $ 0.359465
  • wrapped-stethWrapped stETH (WSTETH) $ 3,696.90
  • bitcoin-cashBitcoin Cash (BCH) $ 599.15
  • whitebitWhiteBIT Coin (WBT) $ 54.57
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 88,963.00
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,285.48
  • wrapped-eethWrapped eETH (WEETH) $ 3,279.27
  • usdsUSDS (USDS) $ 0.999695
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998803
  • moneroMonero (XMR) $ 473.03
  • chainlinkChainlink (LINK) $ 12.01
  • leo-tokenLEO Token (LEO) $ 9.09
  • hyperliquidHyperliquid (HYPE) $ 31.04
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 89,157.00
  • wethWETH (WETH) $ 3,017.20
  • stellarStellar (XLM) $ 0.208257
  • ethena-usdeEthena USDe (USDE) $ 0.998696
  • zcashZcash (ZEC) $ 398.10
  • canton-networkCanton (CC) $ 0.154765
  • suiSui (SUI) $ 1.44
  • litecoinLitecoin (LTC) $ 69.91
  • avalanche-2Avalanche (AVAX) $ 12.13
  • usd1-wlfiUSD1 (USD1) $ 0.999736
  • hedera-hashgraphHedera (HBAR) $ 0.107991
  • shiba-inuShiba Inu (SHIB) $ 0.000008
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.166968
  • usdt0USDT0 (USDT0) $ 0.998665
  • daiDai (DAI) $ 0.999240
  • susdssUSDS (SUSDS) $ 1.08
  • paypal-usdPayPal USD (PYUSD) $ 0.998847
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.22
  • the-open-networkToncoin (TON) $ 1.52
  • crypto-com-chainCronos (CRO) $ 0.091020
  • rainRain (RAIN) $ 0.009986
  • polkadotPolkadot (DOT) $ 1.87
  • uniswapUniswap (UNI) $ 4.80
  • mantleMantle (MNT) $ 0.894655
  • memecoreMemeCore (M) $ 1.55
  • tether-goldTether Gold (XAUT) $ 5,162.09
  • bitget-tokenBitget Token (BGB) $ 3.59
  • aaveAave (AAVE) $ 158.55
  • bittensorBittensor (TAO) $ 237.27
  • okbOKB (OKB) $ 106.33
  • falcon-financeFalcon USD (USDF) $ 0.996049
  • pax-goldPAX Gold (PAXG) $ 5,178.55
  • pepePepe (PEPE) $ 0.000005
  • nearNEAR Protocol (NEAR) $ 1.49
  • pump-funPump.fun (PUMP) $ 0.003177
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,017.62
  • jito-staked-solJito Staked SOL (JITOSOL) $ 159.53
  • internet-computerInternet Computer (ICP) $ 3.29
  • ethereum-classicEthereum Classic (ETC) $ 11.57
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,204.05
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • ondo-financeOndo (ONDO) $ 0.339807
  • aster-2Aster (ASTER) $ 0.671725
  • hashnote-usycCircle USYC (USYC) $ 1.11
  • htx-daoHTX DAO (HTX) $ 0.000002
  • solanaWrapped SOL (SOL) $ 127.00
  • global-dollarGlobal Dollar (USDG) $ 0.999617
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.61
  • pi-networkPi Network (PI) $ 0.174127
  • skySky (SKY) $ 0.063763
  • kucoin-sharesKuCoin (KCS) $ 10.87
  • ripple-usdRipple USD (RLUSD) $ 0.999721
  • ethenaEthena (ENA) $ 0.173975
  • binance-staked-solBinance Staked SOL (BNSOL) $ 138.96
  • wbnbWrapped BNB (WBNB) $ 898.24
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.15
  • hash-2Provenance Blockchain (HASH) $ 0.025056
  • bfusdBFUSD (BFUSD) $ 0.998281
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999656
  • worldcoin-wldWorldcoin (WLD) $ 0.463113
  • riverRiver (RIVER) $ 65.14
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.119528
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,488.53
  • aptosAptos (APT) $ 1.59
  • quant-networkQuant (QNT) $ 81.41
  • myx-financeMYX Finance (MYX) $ 5.98
  • gatechain-tokenGate (GT) $ 9.97
  • usddUSDD (USDD) $ 0.999412
  • cosmosCosmos Hub (ATOM) $ 2.24
  • algorandAlgorand (ALGO) $ 0.121891
  • kaspaKaspa (KAS) $ 0.039729
  • midnight-3Midnight (NIGHT) $ 0.060587
  • arbitrumArbitrum (ARB) $ 0.171290
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 89,287.00
  • ignition-fbtcFunction FBTC (FBTC) $ 89,724.00
  • render-tokenRender (RENDER) $ 1.86
  • official-trumpOfficial Trump (TRUMP) $ 4.80
  • nexoNEXO (NEXO) $ 0.955869
  • filecoinFilecoin (FIL) $ 1.27
  • bridged-usdc-polygon-pos-bridgePolygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999704
  • vechainVeChain (VET) $ 0.010272
  • flare-networksFlare (FLR) $ 0.010624
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,281.42
  • usdtbUSDtb (USDTB) $ 0.999486
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.97
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,242.90
  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.11
  • dashDash (DASH) $ 62.53
  • bonkBonk (BONK) $ 0.000009
  • story-2Story (IP) $ 2.18
  • wrappedm-by-m0WrappedM by M0 (WM) $ 0.996765
  • xdce-crowd-saleXDC Network (XDC) $ 0.039104
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 88,926.00
  • janus-henderson-anemoy-aaa-clo-fundJanus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.02
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,229.11
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 31.28
  • sei-networkSei (SEI) $ 0.106625
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 88,947.00
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,208.97
  • clbtcclBTC (CLBTC) $ 90,033.00
  • ousgOUSG (OUSG) $ 114.10
  • jupiter-exchange-solanaJupiter (JUP) $ 0.205287
  • cocaCOCA (COCA) $ 1.36
  • morphoMorpho (MORPHO) $ 1.19
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • eutblSpiko EU T-Bills Money Market Fund (EUTBL) $ 1.26
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,016.35
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.92
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999969
  • usdaiUSDai (USDAI) $ 0.999691
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 147.84
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.009920
  • binance-peg-xrpBinance-Peg XRP (XRP) $ 1.91
  • wrapped-flareWrapped Flare (WFLR) $ 0.010619
  • tezosTezos (XTZ) $ 0.568934
  • beldexBeldex (BDX) $ 0.080349
  • chilizChiliz (CHZ) $ 0.057600
  • optimismOptimism (OP) $ 0.301407
  • usual-usdUsual USD (USD0) $ 0.996046
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,017.08
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.827839
  • c8ntinuumc8ntinuum (CTM) $ 0.123428
  • blockstackStacks (STX) $ 0.300039
  • tbtctBTC (TBTC) $ 88,761.00
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.227398
  • janus-henderson-anemoy-treasury-fundJanus Henderson Anemoy Treasury Fund (JTRSY) $ 1.09
  • ghoGHO (GHO) $ 0.998797
  • a7a5A7A5 (A7A5) $ 0.013027
  • curve-dao-tokenCurve DAO (CRV) $ 0.345190
  • gtethGTETH (GTETH) $ 3,016.80
  • true-usdTrueUSD (TUSD) $ 0.998293
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998305
  • lighterLighter (LIT) $ 1.94
  • fasttokenFasttoken (FTN) $ 1.09
  • ether-fi-liquid-ethEther.Fi Liquid ETH (LIQUIDETH) $ 3,247.23
  • pippinpippin (PIPPIN) $ 0.455460
  • injective-protocolInjective (INJ) $ 4.48
  • axie-infinityAxie Infinity (AXS) $ 2.62
  • lido-daoLido DAO (LDO) $ 0.523961
  • ether-fiEther.fi (ETHFI) $ 0.632153
  • cap-usdCap USD (CUSD) $ 0.996558
  • msolMarinade Staked SOL (MSOL) $ 171.84
  • kaiaKaia (KAIA) $ 0.074475
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,383.44
  • steakhouse-usdc-morpho-vaultSteakhouse USDC Morpho Vault (STEAKUSDC) $ 1.12
  • aerodrome-financeAerodrome Finance (AERO) $ 0.462472
  • kinesis-silverKinesis Silver (KAG) $ 112.70
  • stader-ethxStader ETHx (ETHX) $ 3,256.34
  • doublezeroDoubleZero (2Z) $ 0.118379
  • usdbUSDB (USDB) $ 1.02
  • layerzeroLayerZero (ZRO) $ 2.00
  • stable-2​​Stable (STABLE) $ 0.022537
  • flokiFLOKI (FLOKI) $ 0.000042
  • sbtc-2sBTC (SBTC) $ 88,320.00
  • bittorrentBitTorrent (BTT) $ 0.00000040
  • staked-aaveStaked Aave (STKAAVE) $ 157.40
  • kinesis-goldKinesis Gold (KAU) $ 166.33
  • resolv-usrResolv USR (USR) $ 0.999718
  • syrupMaple Finance (SYRUP) $ 0.342688
  • euro-coinEURC (EURC) $ 1.20
  • celestiaCelestia (TIA) $ 0.453074
  • the-graphThe Graph (GRT) $ 0.036613
  • resolv-wstusrResolv wstUSR (WSTUSR) $ 1.13
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,028.02
  • newton-projectAB (AB) $ 0.003896
  • gnosisGnosis (GNO) $ 143.07
  • iotaIOTA (IOTA) $ 0.087279
  • wrapped-apecoinWrapped ApeCoin (WAPE) $ 0.183702
  • spx6900SPX6900 (SPX) $ 0.390140
  • starknetStarknet (STRK) $ 0.069649
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.862395
  • bitcoin-svBitcoin SV (BSV) $ 18.00
  • pyth-networkPyth Network (PYTH) $ 0.061893
  • justJUST (JST) $ 0.040201
  • conflux-tokenConflux (CFX) $ 0.068259
  • telcoinTelcoin (TEL) $ 0.003719

Ethereum Foundation Sells Another 100 ETH, Totaling $13.3M in 2024-25 Sales

0 116

Ethereum Foundation Sells Another 100 ETH, Totaling $13.3M in 2024-25 Sales

The Ethereum Foundation has sold a large amount of ETH, this time selling 100 ETH for $336K, according to Lookonchain’s update. This sale contributes to the subsequent series of transactions conducted by this foundation, where a total of 4,666 ETH worth $13.3 million has been sold from 02 January 2024.

The #Ethereum Foundation just sold another 100 $ETH($336K)!#Ethereum Foundation has sold a total of 4,666 $ETH($13.3M) since Jan 2, 2024.https://t.co/li1EpJ7CS1 pic.twitter.com/GFIIqg0Ioi

— Lookonchain (@lookonchain) January 20, 2025

Tracking the Transactions

The sale via the CoW Protocol shows how the foundation is gradually using on-chain liquidity for diversification. More specifically, the obtained ETH was exchanged for 336,475 DAI, again indicating the organization’s preference for stable assets.

Data collected from past Ethereum transactions suggest that the Ethereum Foundation has been gradually liquidating its ETH holding in blocks with steady time gaps.

Market Implications

The ETH sales that the Ethereum Foundation continues to make have started all sorts of dialogues in the realm of cryptocurrencies regarding the reasons and the need for such actions.

Some believe sales are a normal treasury operation to meet operational and developmental expenditures. Some people see sales as a move aimed at improving the operating environment at the present time to enhance long-term financial sustainability.

The Role of Ethereum Foundation in Implemented Strategies

The Ethereum Foundation, as a central player in the ecosystem, supports the further evolution of Ethereum and the stability of its decentralized network. In this way, it guarantees that it can continuously have funds for various projects and improvements of structures and facilities.

However, such massive transactions of this type of token invariably cause doubts about their further effects on the ETH prices and the sentiment of the cryptocurrency market in the short term.

Conclusion

The latest action by the Ethereum Foundation to sell 100 ETH underscores the reallocation of the treasury base. These transactions help to remind the foundation that while it should remain conservative in new asset investment, sustainable funding for Ethereum’s development remains its mission and purpose.

Source

Leave A Reply

Your email address will not be published.