The Ethereum Foundation (EF) announced the sale of 10,000 ETH, worth approximately $42.7 million. The funds will be used for research and grants.
Reasons for Ethereum Foundation's ETH Sale
Ethereum Foundation manages Ethereum's treasury and monitors expenses. As part of this, EF periodically sells ETH, particularly when the price is high. In June 2025, EF outlined its treasury policy, which aims to keep enough funds to cover expenses for two and a half years.
Community Reaction to the Ethereum Sale
Although the sale of 10,000 ETH was minor compared to overall trading volume, it elicited a mixed response from the community. Critics argue that EF's actions contradict its stated ideals of supporting decentralization and DeFi. Questions arose about the necessity of selling ETH, with some users noting that this undermines trust in ETH as a stable asset.
The Bigger Picture for Ethereum
Ethereum Foundation was transparent about the sale and planned to break the transaction into smaller parts to mitigate market impact. However, there remains a sense of a gap between EF's principles and actual actions. The community is looking for EF to use more decentralized tools and methods for its financial operations.
The sale of 10,000 ETH highlighted that even the organization behind Ethereum may resort to centralized methods when significant amounts are at stake, raising questions about trust and adherence to decentralization principles.
