Ethereum Foundation prepares to sell 10,000 ETH – A noteworthy move in September

Ethereum Foundation (EF) has just announced plans to sell 10,000 $ETH , worth approximately 43 million USD, in September 2025. This ETH has been deposited on the Kraken exchange prior to the announcement, indicating a readiness to convert to cash.

This is the second public sale of ETH by #EF this year, following sales at the end of 2024 that were criticized by the community for coinciding with ETH price corrections. In the past, EF's profit-taking moves have often been seen as a signal of a "price peak".

Currently, EF still holds over 199,000 ETH and derivatives, with a total value of approximately 951 million USD, enough to fund operations for more than 4 years. In 2022 and 2023, EF spent 105 and 135 million USD respectively on ecosystem development.

What has sparked debate in the community is why EF does not leverage DeFi or OTC to reduce selling pressure, instead of withdrawing liquidity directly from the market. Previously, EF allocated 45,000 ETH to Aave, Spark, and Compound to optimize funding.

Despite the controversies, EF's public asset management plans allow the community to monitor transparently. Additionally, this event highlights the important role of Ethereum in the crypto market, especially as ETH recently set a new ATH above 4,950 USD in August.

⛔ Risk warning: The cryptocurrency market is highly volatile. The sale of ETH by #EthereumFoundation may affect market sentiment. Investors need to carefully consider before making decisions.