Ethereum Foundation Sells Another 100 ETH, But There’s Still ‘Hopium’ For Holders
Summary
The Ethereum Foundation (EF) sold 100 Ethereum (ETH) for 307,893 DAI, marking its third sale in 2025 and totaling 300 ETH sold for approximately $981,200. This selling pressure has contributed to Ethereum's recent price decline of 5.7%, trading at $3,125. Despite these sales, the EF retains 269,175 ETH, valued over $800 million. Analysts express cautious optimism, noting that historically, February and March have yielded strong returns for ETH. Predictions suggest a potential price rally, with some analysts indicating that ETH may have bottomed out and is forming a bullish inverse head-and-shoulders pattern. Concerns persist regarding ETH's underperformance against Bitcoin (BTC), with the ETH/BTC pair at four-year lows.
