Ethereum Foundation sold ETH

The Ethereum Foundation sold 1,250 Ether on April 11 and crypto trackers said it also stopped staking treasury Ether. (cryptobriefing.com) The reported sale converted about $2.8 million worth of Ether into DAI, a dollar-pegged stablecoin, according to Arkham-linked reporting cited by crypto outlets. Crypto Briefing said the transaction followed another Foundation sale of 3,750 Ether for about $8.3 million on April 9. (cryptobriefing.com) Staking is the process of locking up Ether to help run the network and earn rewards, like posting a security deposit and collecting interest. On February 24, the Foundation said it had begun staking about 70,000 Ether from its treasury, with rewards flowing back to the organization. (blog.ethereum.org) That February move was presented as a treasury strategy, not a one-off experiment. The Foundation said staking would generate Ether-denominated yield, use open-source validator software, and expose its own treasury to the same operating risks other stakers face. (blog.ethereum.org) The reversal matters because the Foundation had spent months trying to explain how it would fund itself without relying only on periodic token sales. In a June 4, 2025 treasury policy, it said the size and cadence of Ether sales would be tied to operating expenses, liquidity needs, and a reserve target equal to 2.5 years of runway. (blog.ethereum.org) That policy also set a current annual operating-expense target at 15% of total treasury assets and said 2025 and 2026 were “pivotal” years for Ethereum. The document said the Foundation would balance risk, liquidity, and returns while keeping part of the treasury in fiat-denominated reserves. (blog.ethereum.org) Crypto outlets framed the April sales as routine treasury management, while also noting that traders often read Foundation wallet moves as a sentiment signal for Ether’s price. Crypto Briefing said the new sale pushed prediction-market odds in a more bearish direction, but it also described the transaction as looking more like treasury operations than a direct market call. (cryptobriefing.com) The Foundation had not posted a new public explanation alongside the reported April 11 sale in the materials reviewed here. Until it does, the clearest public record is a gap between a February plan to stake roughly 70,000 Ether and April reports that staking activity had stopped. (blog.ethereum.org, cryptobriefing.com)