Sale of 10,000 ETH by Ethereum Foundation, What Impact on the Market?

Jakarta, Pintu News – The Ethereum Foundation recently announced plans to sell 10,000 Ethereum to fund research and development. This decision has sparked discussion regarding its potential impact on the market. With the current price of Ethereum (ETH) around $4,341, the funds generated will amount to nearly $44 million. How will the market respond to this sale?

Ethereum Foundation Announcements and Transparency

The Ethereum Foundation (EF) has confirmed that in the next few weeks, it will convert 10,000 Ethereum (ETH) through a centralized exchange (CEX). This move is not the first, given that EF has conducted similar sales in the past.

In the past decade, wallets associated with EF have deposited assets worth around $2.78 billion into CEX. This time, EF has been more open about its plans, which has been well received by the community. This transparency is expected to reduce any negative psychological impact that may arise from the sudden announcement.

In recent months, EF has sold nearly $100 million in assets. Although EF has been criticized in the past for supposedly giving an optimistic message while secretly selling Ethereum (ETH), this time they are more open. The community appreciates this honesty, which shows that EF’s sales are aimed more at funding the ecosystem than speculation.

Also read: Bitcoin (BTC) Can Break $150,000, As Long as These Two “Whales” Finish Selling?

Market Reaction and Absorption by DATCo

Despite concerns that sales by EF could create supply pressure leading to a drop in prices, recent data shows that demand remains strong. In one week alone, a total of 403,800 Ethereum (ETH) has been absorbed.

This suggests that the sale of 10,000 Ethereum (ETH) by EF will likely only have a short-term impact and is insignificant in the larger scheme of things. Moreover, the accumulation of Ethereum (ETH) by various DATCo’s such as SharpLink and BitMine suggests that the structural demand is large enough to balance the periodic sales by EF.

If this trend continues, the selling pressure from the 10,000 Ethereum (ETH) sale will likely only be a short-term disruption in the evolving liquidity landscape.

Read also: Data: Bitcoin ETP Products Now Hold 7% of the Total Maximum Supply of Bitcoin!

Ethereum Technical Outlook

From a technical perspective, the $4,200 zone has been “cleared for liquidity” and is showing a rebound. Meanwhile, the $4,500 level is a crucial resistance that needs to be recaptured to extend the bullish trend, with targets at $4,650 and $4,800.

Analyst Benjamin suggested that Ethereum (ETH) might experience a correction to its 21-week EMA before surging to new record highs, a pattern often seen in strong bull cycles.

Although Ethereum (ETH) has already touched or approached its previous record high at the end of August, this technical “breathing” space seems reasonable. Near-term downside risks remain if the $4,200 level is lost, but the medium-term outlook remains positive as long as the structure of higher-highs and higher-lows remains intact and institutional liquidity continues to provide support.

Conclusion

With better transparency and a steady market response, the sale of 10,000 Ethereum (ETH) by the Ethereum Foundation is unlikely to have a significant impact on the long-term price. This shows the maturity of the market and the adaptability of the community to strategic decisions taken by key stakeholders like the Ethereum Foundation.

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• BeInCrypto. Ethereum Foundation to Sell 10,000 ETH: Can It Sustain?. Accessed on September 3, 2025
• Featured Image: U Today