ETH Price Rises 10% in April: So Why is Ethereum Foundation Selling?

Ether (ETH) has seen a 10% price increase in April, reaching $2,430. Despite this, the Ethereum Foundation has been selling ETH from its treasury, having sold approximately 20,000 ETH in 2026 for over $45 million. These sales are part of a disciplined Treasury Policy adopted in June 2025 to maintain fiat and stablecoin reserves for operating expenses, protocol development, research, grants, and ecosystem support. The Foundation still holds significant ETH reserves, including 92,500 ETH in its liquid treasury and 53,000 ETH staked, which is expected to generate new income streams and reduce reliance on ETH sales. The Foundation's sales are considered small relative to daily ETH trading volume and have a negligible impact on the market, which is currently experiencing robust demand from institutional investors through spot Ethereum ETFs and accumulation addresses. Technically, ETH is forming a rising wedge pattern, which could indicate a potential 15% dip to around $1,950 by June, though a break above the upper trendline could invalidate this bearish outlook.

(Source：Cointelegraph)