Ethereum Foundation sells $11 million worth of ETH amid market turmoil

The Ethereum Foundation is transferring $11 million of ETH, and this time coincides with a very nervous situation in the market, raising bearish expectations for the price. Ethereum currently clings to a narrow range that can be broken in either direction, and what happens next will depend on whether this sell-off is a fluke or a sign of something bigger unfolding below.

According to the announcement late last night, the Ethereum Foundation is planning to transfer 5,000 ETH using CoWSwap’s share of the value of the token (TWAP), with the amount being limited to $1 million each.

The Ethereum Foundation cleared 3,750 $ETH ($8.3M) as a 5,000 share $ETH convertible plans into stablecoins for R&D, grants, and donations. pic.twitter.com/eP8ZI9fl1r

– Selcoin Global (@selcoinglobal) April 9, 2026

The money is being withdrawn from a wallet called “Ethereum Foundation DeFi Ecosystem,” the same wallet that had 50,000 ETH in January 2025. This marks the first EF to sell TWAP since last October, when it sold 1,000 ETH for about $4.5 million.

The mass market does not provide much support; The Fear and Greed Index is set at 14, which represents a state of “extreme fear.” Technical indicators consist of 20 indicators against 13 indicators, while Ethereum is testing a support zone that will determine the movement of the price for the next few weeks. The Ethereum ecosystem is currently evolving.

Ethereum Price Prediction: Is $2,500 a distant goal?

ETH is now settling near the $2,100-$2,200 support zone, which is a very important area for recent developments. The average volatility is 3.73%, with 63% of green days recorded in the last 30 days.

For investors and traders opening a long position, the goal is for ETH to remain above the support of $2,100, pass the resistance near $2,175 by April 10, and push to the goals of experts of $2,450-$2,650 next week, a list shown by platforms such as Changelly and CoinCodex.

However, volatility continues in the $2,100-$2,200 range as the market takes selling pressure from the organization and greater uncertainty. Although closing below the level of $ 2,000 opens the door to a decrease in levels that can reach $ 1,200, this will not happen unless the return force stops completely.

The one-month view has a lot of hope, with our estimate of $ 2,600, but this may require a change in market sentiment that is not supported by the “great fear” that is being calculated.

The LiquidChain project is looking for an early growth opportunity as Ethereum tests higher levels

ETH remaining above $2,100 may provide some relief, but even in the trading environment, it seems that the price will rise closer to $2,650 in the near future. For entrepreneurs looking for asymmetric growth, the math becomes more complicated when dealing with billions of dollars, and this is where the first projects come into play.

It’s a job LiquidChain company’s opinion Layer 3 architecture builds what is called a “cross-chain liquidity layer,” a single environment that includes Bitcoin, Ethereum, and Solana currencies simultaneously. Developers can use a single application and access all three systems, eliminating the bridge fragmentation that has plagued many chain solutions.

A new episode is coming out. Few see it at first.

The future is LiquidChain ⟁https://t.co/vqvBcdSj94 pic.twitter.com/R7ZeZ0NPGl

– LiquidChain (@getliquidchain) March 24, 2026

Currently on sale price $0.01447and a list of approx 650 thousand dollars on. Key architectures include an integrated liquidity layer, one-step settlement, guaranteed settlement, and single-deployment architecture. This service also offers the highest reward till date 1600% per annum For first time buyers.

A note Ethereum Foundation sells $11 million worth of ETH amid market turmoil appeared for the first time Cryptonews Arabic.

Source link