Ethereum Foundation Sells 100 ETH—Market Freaks Out as Price Dips 7%”
The Ethereum Foundation (EF) has taken a lot of heat after selling 100 ETH for 307,893 DAI according to Spotonchain on January 27.
With the crypto market already struggling this latest selloff has people worried about Ethereum’s price.
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The EF has been selling Ethereum to fund operations for a while now and the crypto community has been complaining about it. While the organization claims these sales support network development, critics argue that the timing of these selloffs puts extra pressure on the market. In 2025 alone they have sold 300 ETH for 980,388 DAI.
And to make things worse Vitalik Buterin has hinted at reorganizing the foundation which has people divided. As the market is wavering this has investors wondering if the EF’s actions will kill Ethereum’s recovery.
Broader Market Crash Amplifies Concerns
Ethereum’s selloff coincides with a broader market crash as investors are cautious before the FOMC meeting on January 29. DeepSeek, a Chinese open-source AI startup, has also added volatility as its rapid growth is threatening US tech stocks, AI linked coins and the broader crypto market.
Key market data as of January 27:
- ETH Price Movement: Down 7% in 24 hours, trading at $3,066.
- Intraday High and Low: $3,343.15 and $3,024.09, respectively.
- Market Sentiment: Dominantly bearish, with Bitcoin, XRP, and other major cryptocurrencies also in decline.
DeepSeek’s rapid growth has added new variables to the global markets. Together with the EF’s selloff, it’s making things tough for Ethereum short term.
Will ETH Rebound from Its Recent Dip?
Despite the current downtrend analysts say Ethereum still has room to recover. CoinGlass’s historical data shows positive February for ETH, 46% in 2024. If the EF stops selling and whales keep accumulating ETH could bounce back to $4,000-$6,000 in the next few months.
Key drivers of potential recovery:
- Whale Activity: A recent uptick in large-scale ETH purchases hints at growing confidence among institutional investors.
- Historical Patterns: February has traditionally been a strong month for Ethereum, boosting hopes for a turnaround.
- Market Fundamentals: Despite volatility, Ethereum remains a leader in the crypto market, commanding investor attention.
Ethereum’s short term is unclear but long term is looking good. As the market adjusts to the challenges, everyone is waiting for the FOMC meeting and the EF next move.
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