🚨 Ethereum Foundation to Sell $43M in $ETH — But Treasuries Are Buying Bigger!
The Ethereum Foundation has announced plans to sell 10,000 ETH (~$43M) this month.
But here’s the kicker 👀 — ETH Treasuries just added ~273,810 ETH to the Strategic Reserve today alone. Massive net absorption!
Currently, the Foundation wallet holds 231,600 ETH (~$995.8M) — about 0.19% of total supply.
👉 Net effect? Ethereum’s market looks stronger than the headlines suggest. ⚡