The Ethereum Foundation’s latest decision to sell massive amounts of ETH has sent shockwaves throughout the broader crypto industry. 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. ETH price has tanked 7% in the past 24 hours, aligning with the broader trend and massive selloff.
