Catenaa, Friday, August 15, 2025- The Ethereum Foundation sold about 2,795 ETH valued at roughly $12.7 million as ether prices surged above $4,500, reaching yearly highs, according to onchain data.
Lookonchain, an onchain analytics provider, reported the Ethereum Foundation’s wallet offloaded 1,695 ETH at around $4,556 for 7.72 million DAI late Tuesday night.
Approximately one hour later, it sold another 1,100 ETH at $4,602. The wallet, originally funded with 20,756 ETH in 2017, now holds 99.9 ETH worth about $457,681 alongside 11.6 million DAI.
Ether climbed 7.2% over the past 24 hours to $4,579 as of late Tuesday, outperforming bitcoin in year-to-date gains. The surge is fueled by growth in Ethereum treasury companies and strong inflows into spot Ethereum exchange-traded funds.
Corporate ether treasuries, led by SharpLink Gaming and BitMine, now hold nearly $9 billion in ETH. Spot ETH ETFs recorded more than $1 billion in daily net inflows on Monday, marking the first time since their debut last year.
The Ethereum Foundation’s sale coincides with rising market momentum and expanding institutional interest in ETH, reflecting confidence in the network’s long-term growth.
