Ethereum Foundation Sells 1,000 ETH

[bonk]

The Ethereum Foundation plans to sell 1,000 ETH (~$4.5M) using CowSwap’s TWAP feature to minimize market impact. The sale comes as ETH surpasses $4,500, marking its highest level since mid-September.

Proceeds will fund research, developer grants, and community programs, part of the Foundation’s ongoing treasury management strategy.

[JanEmil]

Sounds fair.

[kelson10]

Every time the Foundation sells, people panic—but it’s just portfolio management. Nothing alarming here.