Ethereum Foundation Sells 1,210 ETH at $2,890 as Price Surges 8.22%

The Ethereum Foundation recently sold a portion of its Ethereum (ETH) holdings as the price of the cryptocurrency reclaimed the $3,000 mark. This move comes as the price of ETH surged past $3,000, reaching $3,012.44, marking an 8.22% gain in a 24-hour period. The sale by the Ethereum Foundation is significant as it indicates a strategic move to manage its holdings in response to the price surge. The foundation's decision to sell ETH at this juncture suggests a cautious approach to capitalizing on the recent price appreciation while potentially reallocating funds for other initiatives or investments.

This transaction wasn’t random–it was part of a broader movement of funds. Over the last month, around 21,000 ETH was consolidated into a multisig wallet controlled by the Ethereum Foundation. From there, 7,000 ETH has been redistributed, including the latest sale via a secondary address. All of this was tracked in real-time by blockchain analytics platforms. The Ethereum Foundation sold 1,210 ETH worth roughly over $3.5 Million through Uniswap V4. The average selling price was $2,890 per unit.

Despite speculation, this event seems far from panic-driven. The Ethereum Foundation has diplomatically sold in small batches to support its mission– funding research, development, and operations that keep evolving. The Ethereum Foundation prioritizes flexibility instead of engaging in staking or locking funds in DeFi. This method helps maintain steady financial support for the ecosystem while avoiding large market disruptions. It’s a calculated and transparent approach to treasury management that underlines maturity rather than uncertainty.

Ethereum has made a strong comeback, surging nearly 17% between July 5 and July 11, 2025, and reclaiming the key $3,000 resistance level. This rally pushed ETH from just under $2,776 to an intraday high of $3,036, with the current market cap standing at $362.08B. Despite the Ethereum Foundation selling $3.5 million worth of ETH, the market showed strength, with whales and institutions stepping in to buy. This signals renewed confidence and suggests ETH may be entering a fresh bullish phase.

While the Ethereum Foundation reduced its holdings, market sentiment hasn’t turned bearish. ETH price recently approached $3,036 before dropping to $3,018, at the time of writing. What’s more notable is the buying pressure from major players. In the past 24 hours, whales and institutional wallets have scooped up over $358 million worth of ETH. This suggests that while the Ethereum Foundation sold ETH, smart money sees the dip as a buying opportunity. Their confidence helps stabilize price action and highlights long-term optimism in ETH's value propositions.

On-chain activity continues to expand. The total value locked (TVL) in Ethereum-based protocols has climbed from $50 billion to $73 billion in just three months, reflecting growing real-world usage. However, there’s a twist: fees have fallen by 22% over the past month. While lower fees mean less ETH burned, slightly weakening ETH's deflationary appeal. This drop in burn rate might have played a role in the decisions to convert a portion of its ETH into stablecoins, ensuring stable funding regardless of fee-based income.

At the end of the day, the Ethereum Foundation's moves are less about market timing and more about responsible financial planning. It shows a commitment to supporting growth while staying financially agile. Even with a short-term dip in price, institutional interest, rising TVL, and growing adoption suggest the Ethereum ecosystem remains healthy. This controlled sale is a reflection of strategic foresight– not a signal of weakness.