The Ethereum Foundation has sold 100 ETH for $329,463 DAI in its first sale of 2025, in an effort to fund research and development. This comes as demand from institutional investors and whale traders for Ethereum remains relatively low compared to Bitcoin. However, despite short-term bearish trends, the price of Ethereum shows bullish potential and a major breakout is expected soon. The Ethereum Foundation currently holds digital assets worth about $914 million, mostly consisting of ETH and WETH. In the daily timeframe, Ethereum bears have the upper hand, but in the weekly and monthly charts, the price is on the verge of a major bullish breakout.
- Content Editor ( coinpedia.org )
- 2025-01-08
Ethereum Foundation Sells 100 ETH to Fund R&D: A Look at 2025’s First Ether Sale