Ethereum Foundation Liquidates 10,000 ETH Amidst Price Surge & Growing Institutional Interest

The Ethereum Foundation (EF) has sold 10,000 ETH worth $42.7 million to bolster its operational reserves. This move aligns with the Foundation’s long-term financial strategy of maintaining a healthy fiat reserve through strategic liquidations during periods of price appreciation. While prices remain near their all-time highs, EF’s sale is not seen as an indication of market uncertainty but a routine part of its operating policy.