Ethereum Foundation Sells 1,250 ETH Amid Price Rally

The Ethereum Foundation sold 1,250 ETH for $2.8 million in DAI as Ethereum holds above $2,200. Market analysts watch for potential price pressure.

The Ethereum Foundation has sold 1,250 ETH for approximately $2.8 million in DAI, according to data from Arkham Intelligence, a move that is capturing market attention amidst the asset’s strong performance.

The transaction occurs while ETH trades around $2,250, marking a steady gain of nearly 10% on a weekly basis.

Beyond this single sale, data reveals that the foundation has ceased its staking activity and is likely transitioning toward a gradual sell-off of positions. This can be interpreted as an effort to manage liquidity or diversify reserves, but it also raises questions regarding short-term price pressure.

Market Monitors Signals from the Foundation

Sales by key institutions like the Ethereum Foundation are often viewed as an indicator of internal market valuation. While the volume is not significant relative to total liquidity, such movements can influence sentiment, particularly during an uptrend.

ETH continues to trade stably above $2,200, supported by strong network activity and increased interest from institutional investors, including through ETF flows. Simultaneously, rising on-chain activity suggests that fundamental demand remains robust.

The decision to stop staking is also a key factor, as it frees up liquidity and increases the potential market supply. If the strategy of staggered sales continues, it could create additional downward pressure on the price in the short term.

Technical Outlook: ETH Maintains Momentum Above $2,200

At the time of writing, the price of the leading altcoin is trading around $2,250, with the short-term structure remaining bullish following a sharp rise from the $2,180 zone.

The hourly chart shows stabilization above key support in the $2,220–$2,230 range, suggesting that buyers still control the market. The RSI indicator is hovering around neutral-bullish levels (~59), leaving room for further upside without immediate overbought risk.

Meanwhile, the MACD shows signs of slowing momentum. This could signal short-term consolidation or a slight pullback before a potential new attempt at an upward breakout. If the price manages to hold above $2,240, the next resistance is expected around $2,280–$2,300, while a break below $2,220 could open the way for a retest of $2,180.