$ETH

Ethereum Foundation executed strategic sales of 300 ETH in 2025 while maintaining massive holdings of 269,175 ETH worth $800+ million

Technical patterns suggest potential price targets of $3,600-4,000 if $2,800 support holds

Historical data shows February and March typically deliver strong returns, with February 2024 seeing a 46.3% gain

Trump’s World Liberty Financial has entered the ETH market through buying/staking

The upcoming Pectra upgrade in March 2025 and potential ETF inflows could impact market dynamics

The Ethereum market continues to show resilience in early 2025, maintaining price levels above $3,100 despite recent sales by the Ethereum Foundation. Data from on-chain analytics platform Spot On Chain reveals that the Foundation has sold 300 ETH valued at $981,200 through three separate transactions this year, with the most recent sale converting 100 ETH to 307,893 DAI.

These sales, however, represent only a fraction of the Foundation’s holdings. According to Arkham Intelligence, the organization maintains a robust position of 269,175 ETH, currently valued at more than $800 million. This substantial holding suggests the recent sales are part of a measured strategy rather than a shift in the Foundation’s long-term outlook.

Technical analysts have identified several promising patterns in Ethereum’s price action. A notable flag and pole formation has emerged during the current downtrend from the $4,100 resistance level, with $2,800 establishing itself as a key support zone. Should this support hold, analysts project potential upside targets at $3,600, with some suggesting movement toward $4,000 is possible.

Historical data adds weight to the bullish case. Trader CoinMamba points out that February and March have historically delivered strong returns for ETH holders. In fact, February has only posted negative returns once, during the 2018 market cycle, following a 50% price surge in January of that year. The pattern showed consistency in 2024, with ETH gaining 46.3% during February.