Ethereum Foundation keeps selling ETH after telling the market it was staking 70,000 coins
CryptoSlate
The Ethereum Foundation continues to sell ETH to fund operations, despite recent staking initiatives and market expectations that sales had ceased.Summary
The Ethereum Foundation (EF) has continued to sell ETH to fund grants and research, dispelling market speculation that it had ceased selling after launching a 70,000 ETH staking initiative. While the foundation has utilized DeFi strategies and borrowing to manage its treasury, these yield-generating activities fall significantly short of covering its quarterly expenditures. Ultimately, the EF maintains a fiat-denominated operating buffer, meaning that periodic ETH sales remain a necessary component of its financial strategy to preserve runway regardless of staking rewards.
(Source：CryptoSlate)