ETH price up 10% in April, so why is Ethereum Foundation selling?
Ether (ETH) has surged more than 10% in April, reaching as high as $2,430 in April amid renewed market optimism.
(Cointelegraph)
Yet during the same period, the Ethereum Foundation, a nonprofit overseeing the Ethereum protocol’s development, has continued notable treasury sales.
In early April, the Foundation sold 5,000 ETH for roughly $11 million in DAI. This was followed by a larger 10,000 ETH OTC sale to Tom Lee’s Bitmine at an average price of $2,387, raising approximately $23.9 million.
The sales are not reactions to price action but follow a disciplined Treasury Policy adopted in June 2025.
The Foundation maintains fiat and stablecoin reserves equal to roughly 2.5 years of operating expenses. Periodic ETH sales replenish these reserves to fund protocol development, research, grants, and ecosystem support.
In 2026 alone, the Foundation has sold approximately 20,000 ETH, raising over $45 million. It still holds around 92,500 ETH (~$215 million) in its liquid treasury, plus 53,000 ETH staked, according to data resource Arkham Intelligence.
Trump’s official memecoin extends slide as he hosts exclusive investor gala
US President Donald Trump’s official TRUMP memecoin extended its decline on Saturday, even as he hosted a closed-door gathering for top holders of the cryptocurrency at his Mar-a-Lago estate in Florida.
The token is currently trading at around $2.30, according to data from CoinMarketCap.
OFFICIAL TRUMP is down 20.19% over the past 30 days. (CoinMarketCap)
It is also down by more than 96% compared to its all-time high of $75.35 registered in early 2025.
The downturn comes despite efforts to maintain visibility through high-profile events. The Saturday event brought together 297 of the largest TRUMP investors for what was billed as the “most exclusive” crypto and business conference, with a smaller group of 29 attending a VIP reception and champagne toast, according to The Independent.
A previous event tied to TRUMP holders took place…
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