Skip to content

Ethereum Foundation Faces Criticism After Latest ETH Sale  

Ethereum CFN
  • Ethereum Foundation sold 100 ETH for 307,893 DAI at $3,078.93, marking its third ETH sale in 2025. 
  • The sale coincides with Ethereum’s 6.63% price drop to $3,049 over 24 hours, stirring community criticism. 
  • Leadership changes and governance participation highlight the Ethereum Foundation’s evolving strategy alongside preparations for the March Pectra Upgrade. 

The Ethereum Foundation has conducted its third ETH sale of the year, offloading 100 ETH for 307,893 DAI at an average price of $3,078.93. According to Onchain Lens data, the transaction occurred through the Cow Protocol, aligning with the foundation’s typical approach to such sales. This latest move brings its 2025 total ETH sales to 300 ETH, amounting to approximately 980,388 DAI. 

Market Downturn and Sale Timing

The sale occurred at a time when Ethereum had been volatile and had depreciated by 6.63% in the last 24 hours trading at $3050. Here, ETH was trading between $3,343 and $3,024 indicating that there was much selling pressure. What is important to note is that the Ethereum Foundation’s transaction happened at a period that was not the market peak, hence the organization’s transaction could not have been the cause of the general market sell-off. 

The Ethereum community has blamed the Ethereum Foundation for selling during periods of market volatility and instability as many people believe that such actions have adverse effects on the confidence of investors. Previous sales by the foundation have also attracted similar criticism and some people have accused the foundation of worsening market conditions. Nevertheless, the organization still pays much attention to the long-term strategic objectives. 

Leadership Changes and Governance Initiatives 

In recent months, the Ethereum Foundation has experienced major leadership changes, with Buterin focusing on the need to find new leaders to helm the organization. These include changes that have come with improvements in active governance such as the launching of a new wallet for staking on other platforms including Kraken. 

Upcoming Pectra Upgrade Boosts Optimism 

Amid the sell-offs and leadership changes, the foundation is actively preparing for the Pectra Upgrade, scheduled for mid-March. This upgrade aims to enhance Ethereum’s scalability and efficiency, fostering optimism among developers and stakeholders. The foundation’s proactive governance efforts are seen as an attempt to reinforce Ethereum’s long-term growth prospects.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Shares:

Related Posts

market news contact