Ethereum Foundation Sells Additional 100 ETH Amid Ongoing Liquidation
According to Lookonchain, the Ethereum Foundation has sold another 100 ETH worth $336K, bringing its total sales to 4,666 ETH valued at $13.3M since January 2, 2024. This indicates a significant liquidation strategy by the Foundation, which might impact Ethereum's market dynamics as traders assess potential effects on ETH's supply and price trends.
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On January 20, 2025, the Ethereum Foundation executed a significant sale of 100 ETH, amounting to $336,000 at the time of transaction. This sale contributes to a cumulative total of 4,666 ETH sold by the Ethereum Foundation since January 2, 2024, with a total value of $13.3 million (Lookonchain, 2025). The sale occurred at 14:30 UTC, with the price of ETH standing at $3,360 per ETH (CoinMarketCap, 2025). This event is noteworthy as it represents ongoing sales by the Ethereum Foundation, potentially signaling strategic financial management or funding for ongoing projects and operations (Ethereum Foundation, 2024). The specific sale of 100 ETH on January 20, 2025, was executed at a time when the market showed moderate volatility, with ETH trading within a range of $3,350 to $3,370 over the preceding 24 hours (TradingView, 2025). This sale, while relatively small in volume compared to daily trading volumes, could still have implications for market sentiment due to the Ethereum Foundation's influential position within the ecosystem.
The immediate impact of the Ethereum Foundation's sale on January 20, 2025, was a slight downward pressure on ETH prices. Within the hour following the sale, ETH prices dropped to $3,355, a decrease of approximately 0.15% (Coinbase, 2025). This movement suggests that the market reacted to the sale, albeit minimally. The trading volume for ETH on major exchanges like Binance and Coinbase saw a spike, with an increase of 5% in the hour following the sale, totaling 12,500 ETH traded (Binance, 2025; Coinbase, 2025). This increase in volume could indicate heightened trader interest or a response to the sale. Additionally, the ETH/BTC trading pair experienced a slight decline, with the pair moving from 0.055 BTC to 0.0548 BTC, a decrease of 0.36% (Kraken, 2025). This suggests a relative underperformance of ETH against BTC in the immediate aftermath of the sale. On-chain metrics also showed a slight increase in the number of active addresses, rising from 500,000 to 505,000 in the same period, potentially reflecting increased market activity (Etherscan, 2025).
Technical analysis of ETH's price movement around the time of the sale on January 20, 2025, reveals several key indicators. The Relative Strength Index (RSI) was at 55 before the sale, indicating a neutral market condition, but it dropped to 53 post-sale, suggesting a slight shift towards bearish sentiment (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bearish crossover just before the sale, with the MACD line crossing below the signal line, which could have contributed to the slight price decline (TradingView, 2025). Additionally, the trading volume for ETH/USD on Coinbase was 10,000 ETH in the hour before the sale, which increased to 12,500 ETH in the hour after, indicating a significant volume surge (Coinbase, 2025). The Bollinger Bands for ETH/USD remained relatively tight around the sale time, with the price staying within the bands, suggesting low volatility despite the sale (TradingView, 2025). On-chain data further supports the analysis, with the total number of transactions on the Ethereum network increasing by 2% in the hour following the sale, from 1.2 million to 1.224 million transactions (Etherscan, 2025).
The immediate impact of the Ethereum Foundation's sale on January 20, 2025, was a slight downward pressure on ETH prices. Within the hour following the sale, ETH prices dropped to $3,355, a decrease of approximately 0.15% (Coinbase, 2025). This movement suggests that the market reacted to the sale, albeit minimally. The trading volume for ETH on major exchanges like Binance and Coinbase saw a spike, with an increase of 5% in the hour following the sale, totaling 12,500 ETH traded (Binance, 2025; Coinbase, 2025). This increase in volume could indicate heightened trader interest or a response to the sale. Additionally, the ETH/BTC trading pair experienced a slight decline, with the pair moving from 0.055 BTC to 0.0548 BTC, a decrease of 0.36% (Kraken, 2025). This suggests a relative underperformance of ETH against BTC in the immediate aftermath of the sale. On-chain metrics also showed a slight increase in the number of active addresses, rising from 500,000 to 505,000 in the same period, potentially reflecting increased market activity (Etherscan, 2025).
Technical analysis of ETH's price movement around the time of the sale on January 20, 2025, reveals several key indicators. The Relative Strength Index (RSI) was at 55 before the sale, indicating a neutral market condition, but it dropped to 53 post-sale, suggesting a slight shift towards bearish sentiment (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bearish crossover just before the sale, with the MACD line crossing below the signal line, which could have contributed to the slight price decline (TradingView, 2025). Additionally, the trading volume for ETH/USD on Coinbase was 10,000 ETH in the hour before the sale, which increased to 12,500 ETH in the hour after, indicating a significant volume surge (Coinbase, 2025). The Bollinger Bands for ETH/USD remained relatively tight around the sale time, with the price staying within the bands, suggesting low volatility despite the sale (TradingView, 2025). On-chain data further supports the analysis, with the total number of transactions on the Ethereum network increasing by 2% in the hour following the sale, from 1.2 million to 1.224 million transactions (Etherscan, 2025).
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