Ethereum Foundation Offloads 100 ETH as Prices Drop Further

• The Ethereum Foundation’s total sales for 2025 so far amount to 300 ETH, or approximately $981,200, as it continues with its ETH selling spree.
• The price of Ethereum fell over 7.5% earlier today, dipping to around $3,000 before recovering to $3,124.

Earlier today. the Ethereum Foundation announced another major selloff, liquidating 100 ETH for 307,893 DAI at an average price of $3,078.93. This development comes as the ETH price crashed over 7.5% earlier today taking a dip to $3,000 support while bouncing back again from today’s bottom.

Ethereum Foundation on ETH Selling Spree

During this period, ETH fluctuated between a high of $3,343 and a low of $3,024, suggesting the foundation did not sell at the peak and likely didn’t contribute to the initial market decline. This is the third major selloff from the Ethereum Foundation since the beginning of 2025. In the first 27 days of 2025, the Foundation has sold 300 ETH for approximately $981,200, at an average price of $3,271 per Ethereum, as per data from Spot On Chain.

Earlier in 2025, the Foundation sold 300 ETH for 980,388 DAI, often using the Cow Protocol for these transactions. This latest sell-off has sparked a backlash from the community. Critics have argued that these sales erode confidence in ETH and could prompt both retail and institutional investors to sell as well.

ETH Price To See Further Fall?

After taking a dive all the way closer to $3,000 earlier today, the ETH price has bounced back more than 4.5% and is currently trading at $3,124 levels, with daily trading volumes surging 150% to $32 billion. Crypto analyst Crypto Caeser has shared an optimistic outlook for ETH, noting that the cryptocurrency is currently holding support levels. He urged investors not to be shaken out, predicting that Ethereum will soon take the spotlight once again.

$ETH – #Ethereum back on support. Don’t get shaken out legends. Ethereum will take the spotlight soon. pic.twitter.com/ugyygrx3w2

— Crypto Caesar (@CryptoCaesarTA) January 27, 2025

However, investors must keep track of the ETH price as it trades near the critical Daily EMA200, currently sitting at $3,135. Ethereum has maintained above this level every day since the US election breakout. A close below this level could signal a potential revisit of $2.8K, which some analysts view as a buying opportunity.

While the Ethereum Foundation has been offloading its holdings, Donald Trump’s DeFi project – World Liberty Financial – has been on a massive Ethereum accumulation spree, as we reported last week.

Ethereum Blockchain Fundamentals Remain Sound

Despite the strong ETH price volatility, the blockchain network continues to show strength. The Ethereum network saw a significant increase in new addresses between January 24 and 25, adding 206,290 addresses—its largest surge since October 8, 2022. The total number of unique Ethereum addresses reached 297.68 million on January 25, as we reported in our last news article.

Furthermore, ETH investors are eagerly awaiting the Pectra upgrade set to go live in March. This upgrade combines two important components: Prague, which boosts transaction processing efficiency, and Electra, which enhances the network’s consensus mechanism. Together, these updates are designed to make Ethereum faster, more user-friendly, and more efficient for staking, as previously mentioned in our report.