Amid the broader market downturn and the weakening price of $ETH , the Ethereum Foundation has continued its selling spree. In the past few hours, the foundation has again sold 100 Ethereum tokens. This time, the average sale price was $3,078.93, and the transaction was exchanged for 307,893 DAI tokens. With this latest sale, the total ETH tokens sold by the Ethereum Foundation in 2025 reached 300 ETH, worth 980,388 DAI. Along with the massive drop in the price of Ethereum, the Ethereum network has also been significantly affected. The number of large transactions on the network has dropped from 12.36 thousand to 4.8 thousand, a sharp decline of 61.17%. In addition, the volume of large transactions has dropped drastically from 3.43 million ETH tokens to just 1.05 million ETH tokens. This represents a nearly 70% drop in transaction volume. With whale activity on the network decreasing drastically, demand for Ethereum is expected to weaken across the broader market. This will likely push Ethereum’s market cap further down, past its immediate support level of $3,000.
