Ethereum Foundation Sells Again Despite Facing Backlash, What’s Next For ETH?

Quick Summary:

Amid a broader market slump witnessed on Monday ahead of FOMC and DeepSeek’s rise, EF offloaded 100 ETH, raising concerns over the asset’s future price trajectory.

The Ethereum Foundation’s latest decision to sell massive amounts of ETH has sent shockwaves throughout the broader crypto industry.

ETH price has tanked 7% in the past 24 hours, aligning with the broader trend and massive selloff.

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Article Details

Category: Crypto

Markets: India

Topics: ETH price Ethereum Foundation Ethereum (ETH) Altcoin News 24/7 Cryptocurrency News Ethereum (ETH) price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-27 @ 11:29:27 (3 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 506 words

Reading Time: 3 minutes read

Sentences: 40 lines

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Copyright Owner: © CoinGape

News ID: 25497953

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