Ethereum Foundation has again trapped 510 million USD.
Throughout history, the Ethereum Foundation has been accused of accurately timing market peaks multiple times, particularly in 2017 and 2021. At the peak of the bull market in 2017, the foundation significantly cashed out when ETH was close to $1400, after which the market quickly fell; in May 2021, when ETH was near its historical high of $4000, it sold over 30,000 ETH again, triggering market panic. Although these actions were legally compliant, they raised questions within the community about their ethics and transparency. As a non-profit organization at the core of the ecosystem, frequently selling at peak prices is seen as contrary to the principle of "decentralization" and has negatively impacted long-term confidence in ETH's price.
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Ethereum Foundation has again trapped 510 million USD.
Throughout history, the Ethereum Foundation has been accused of accurately timing market peaks multiple times, particularly in 2017 and 2021. At the peak of the bull market in 2017, the foundation significantly cashed out when ETH was close to $1400, after which the market quickly fell; in May 2021, when ETH was near its historical high of $4000, it sold over 30,000 ETH again, triggering market panic. Although these actions were legally compliant, they raised questions within the community about their ethics and transparency. As a non-profit organization at the core of the ecosystem, frequently selling at peak prices is seen as contrary to the principle of "decentralization" and has negatively impacted long-term confidence in ETH's price.