It appears the Ethereum Foundation has decided to partake in the most capitalistic of adventures! They’ve been flicking around their ETH as nimbly as a London cabbie dodges tourists, cashing in while the cryptocurrency circus boils to feverish heights.
- In a swift two-step dance, they sold 2,795 ETH for just about $13 million. Can you imagine? 💰
- At this moment, ETH is charming its way above $4,600, a figure it hasn’t flirted with since the days of the great pumpkin festivals of November 2021.
- The foundation, bless their cotton socks, mentioned that the proceeds from their chancy offerings fund the ecosystem and keep everyone at the punch bowl.
As per the discerning eyes of on-chain sleuths, the Ethereum Foundation has been making moves as lively as an uncle at a wedding over the last day. It all began with the sale of 1,695 ETH, as spotlighted by the clairvoyant seers at Lookonchain on August 13.
For a tidy sum of $7.7 million DAI, they traded. Next, the Foundation performed another dab of 1,100 ETH over to some richer for $5.06 million, stretching their haul to nearly an extravagant 12.8 million.
“The #EthereumFoundation-linked wallet (0xF39d) whisked away another 1,100 $ETH ($5.06M) at $4,602, merely 25 minutes ago.” – Lookonchain, August 13, 2025
This darling wallet first sniffed out assets back in the halcyon days of 2017 from a sibling vessel tagged as “EF 1”. As it happens, these sell-offs breathe life into ETH’s rally, which broke into a veritable jig when price records were so boldly kissed.
ETH Hunts for New Peaks, Leaving Biscuits Behind 🐦
At the time of whispering these words, Ethereum has been prancing close to $4,635. In a mere 24 hours, it sprang up by about 8.3%, drawing attention like an enchanting soprano escaping her carol-line performance.
Speculators have watched with bated breath as Ethereum twirled to a dizzying $4,683, a figure waving seductively at it from the nostalgic November of 2021. This splendid ballet was fueled by fondness from big institutions wooing it through ETFs and corporate entourages.
Speaking of ambitions, Ethereum ETFs were bursting with juicy inflows-$1.02 billion in a day! Meanwhile, companies have been throwing curious glances, matching the crypto with their shillings to the tune of over $14 billion. The forecasts are rich with promises of climbing back to all-time princely heights. 👑
However, it’s not an isolated caper. The Ethereum Foundation is a seasoned globe-trotter in the art of ETH dispensation, donning refined salesmanship with a hint of mystery.
Why Does the Ethereum Foundation Prefer Eight O’Clock Teas Instead Of Holding ETH Future?
The hustle and bustle of the Foundation’s ETFs turning heads isn’t new. The last similar spectacle was in January, and it crumpled a few ties with the Ethereum community. Yet, who are we to question their grand plan of infusing capital into the ecosystem?
Aya Miyaguchi, the rosy-cheeked leader of the Foundation, has assured us these transactions are sacrificial offerings to maintain operational serenity and dollop a fresh coat of paint on their already grand objectives.
As the price continues its waltz skyward, the general agreement stays mostly unfazed. Yet, one can’t help but wonder whether a sustained tango in this direction might beget another round of critic sticky wickets on the Foundation’s strategic choreography.
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2025-08-13 10:42