Trump Reportedly Preparing Executive Order Targeting Ethereum Treasury Sales

• President Trump reportedlTrump Reportedly Preparing Executive Order Targeting Ethereum Treasury Salesy plans to halt Ethereum Foundation’s treasury sales, reducing supply pressure on ETH prices.
• Ethereum’s price of $3,303.55 might rise if treasury sales are restricted, potentially nearing $10,000.
• This move aligns with growing regulatory scrutiny of cryptocurrencies, aiming to influence market behavior and adoption.

Reports indicate that President Donald Trump is set to issue an executive order targeting the Ethereum Foundation. This order allegedly aims to halt the sale of the foundation’s ETH treasury. According to the information provided, this move intends to impact Ethereum’s market dynamics, with expectations for a significant price movement.

Executive Order and Its Focus

In a recent post on X by Ash Crypto, the executive order reportedly directs the Ethereum Foundation to cease its ongoing or planned ETH treasury sales. Such sales by foundations often play a role in market liquidity and price stability. Limiting these sales could potentially reduce supply pressure in the Ethereum market. 

The current Ethereum market movements have shown varied trends. According to CoinMarketCap data, Ethereum’s price is at $3,303.55, reflecting a 0.66% increase within the last 24 hours. The market capitalization stands at $398.1 billion, while 24-hour trading volume dropped 37.16% to $12.66 billion.

The current volume-to-market-cap ratio is 3.18%. Ethereum’s circulating supply totals 120.5 million ETH, matching its total supply, with unlimited maximum potential. The chart reveals fluctuating prices on January 26, 2025, peaking at $3,360 and dipping to $3,283 before stabilizing.

Implications for Ethereum’s Price

The reported order cites the potential for Ethereum’s price to increase dramatically due to reduced selling pressure. The goal appears to focus on driving ETH prices closer to $10,000. Historically, large-scale movements in Ethereum’s supply have contributed to significant price shifts. The decision to target treasury sales could have wide-ranging effects on Ethereum’s market and broader adoption.

The action comes amid intensified regulatory interest in digital assets. While the specifics of the order have yet to be formally confirmed, the development has captured the attention of cryptocurrency traders and analysts.