The Ethereum Fund is here again! Dump 100 ETH again, and may sell it later?

Dumping again, the market is worried about the subsequent pressure

The news of the Ethereum Foundation dumping ether is once again drawing market attention. According to the latest data provided by the on-chain tracking information platform Spot on Chain, the foundation dumped 100 ethers on December 10th and exchanged them for about 374,334 $DAI. Based on the recent market price, the foundation has sold a total of 4,366 ethers since 2024, with a total value of about $12.21 million, at an average selling price of approximately $2,796 per ether.

Image source: Spot on Chain. Ethereum Foundation sells another 100 Ether.

The recent reduction in holdings is only about a month away from the previous dumping, which is happening during the volatility of the Ethereum price. It is inevitable that the market will become uneasy and speculative. After all, the Ethereum Foundation holds a huge inventory of Ether, and if it continues to sell during a period of high market conditions, it may put pressure on the market price of Ether. According to previous reports, the total value of the Foundation's treasury is about $970 million, with the vast majority being Ether holdings. This huge inventory is like a sword hanging over the market, making investors more cautious about future trends.

Prices are under pressure and downside risks are heating up

Affected by the news, the price of Ether has dropped by about 3% within the day, with a low of about $3,525 and a high of $3,944 in the 24-hour period. This weakness reflects the impact of dumping on market sentiment. Although Ether has performed well in the past week and even in the past month (with gains of about 17% and 4% respectively), some analysts point out that there are cautious signals in the technical aspect, and there may be a risk of price correction for Ether.

Investors are also cautious about the future of Ethereum, worrying that the foundation's dumping may just be the prelude, and larger selling pressure may still be ahead. Technical analysis shows that as the price rises, volume and momentum weaken, coupled with market sensitivity to the foundation's fund movement, there may be a phase of pullback in the future.

Caution in the cryptocurrency market, with foundation movements being key

As the industry has said, the actions of large coin holders often have a significant impact on the market. As a key driver behind the Ethereum ecosystem, the Ethereum Foundation's fund management strategy inevitably becomes a focus of investor attention. If the organization continues to dump during the market's upward trend, it may challenge market confidence and cast a shadow over future price trends.

However, some market observers believe that the Ethereum Foundation, with its huge assets, may periodically use funds from selling assets for ecological development and research and development expenditures, which is a normal financial management behavior. Behind the upward trend, the organization's fund deployment strategy is often quite practical.

In the coming weeks and even longer, the market will closely watch whether the foundation continues to dump Ethereum. If the foundation frequently reduces its holdings, it will undoubtedly put pressure on the price of Ethereum. Investors need to pay attention to technical and fundamental signals, carefully evaluate risks, and judge the future price trend.

【Disclaimer】The market is risky, and investment needs to be cautious. This article does not constitute investment advice and users should consider whether any opinions, opinions or conclusions herein are appropriate for their particular circumstances. Invest accordingly at your own risk.

『Ethereum Fund is here again! Dump 100 ETH again, and maybe sell it later?' This article was first published in 'Crypto City'