according to materials from the website - By COINTURK NEWS
On July 11, 2025, the Ethereum Foundation conducted a significant transaction through Uniswap V4, selling 1210 ETH at an average price of $2889.50 for a total of approximately $3.5 million. This transaction marks the final stage of a strategic process involving the gradual distribution of a large amount of 21,000 ETH accumulated in a single wallet last month to various addresses. By maintaining a transparent budget policy, the Ethereum Foundation continues to provide resources for development, grants, and ecosystem projects. This consistent sales strategy, which does not affect market liquidity, was confirmed in real-time through blockchain data tracking by Lookonchain.
Information on asset management and timelines
During the previous month, 21,000 ETH were securely stored in a multi-signature wallet. Subsequently, 7000 ETH were distributed to a second address, laying the groundwork for today's sale. The Foundation completed the transaction in the Uniswap V4 pool, known for its speed and transparency in the decentralized market. The pressure-free exchange process was tracked by the community in real-time through the ability to trace movements between wallets.
The main goal of the sale is to reaffirm the Ethereum Foundation's long-standing commitment to balanced treasury management. These cryptocurrency exchanges, conducted to fund developer grants, research funds, and core operations, are an integral part of the organization's flexibility in the face of uncertain market fluctuations. Through this approach, the Foundation positions itself as one of the reliable players in the cryptocurrency world.
Market reaction, whale activity, and metrics
The price of ETH briefly reached $3000 before finding support at $2750. At the time of writing, the leader among altcoins is trading at $3005. While the Ethereum Foundation was conducting the sale, institutional and whale wallets accumulated ETH worth $358 million over the past 24 hours, indicating strong institutional interest in the market.
During the same period, the total value locked (TVL) in the Ethereum network increased from $50 billion to $73 billion over three months. Transaction fees, on the other hand, decreased by 22%, leading to a reduction in the number of ETH being burned. A slower reduction in the circulating supply was one of the reasons the Ethereum Foundation decided to conduct today's sale, facilitating the generation of liquid resources to cover operational expenses.