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ETH Foundation Escapes the Top Precisely? Selling three times in three months—each time when the “price looks good”
Content:
Just saw the news: the Ethereum Foundation sold ETH again… for the nth time.
This time it’s 10,000 ETH, an average price of $2,292, totaling about $22.9 million.
Review of the previous two times:
· March: sold 5,000 ETH, average price $2,043
· One week ago: sold 10,000 ETH, average price $2,387
· Today: sold another 10,000 ETH, average price $2,292
And every time after they sell, they’re so thoughtful that they attach a public announcement:
“Here’s how many ETH we sold, the average price in USD, and the total value in USD, all for you.”
Putting it into plain human language:
“We offloaded again at a high level. Just so you know—we’re not responsible for pumping.”
Does the community question the speed of the sales? The Foundation responds: We need to support protocol research, work on the ecosystem, and community funding.
—Sounds reasonable. It’s just that every time they sell, it always happens to be right at the time when the price “looks pretty okay” for people.
The ETH price is currently hovering around $2,300. If you call it the bottom, the Foundation keeps selling; if you call it the top, the Foundation sells even more enthusiastically than anyone else.
Of course, the Foundation has no obligation to pump the market.
But every time they sell, they report the news so loudly and proudly—it’s hard not to raise suspicion:
Do you guys understand “non-profit” as “not pumping—yet can precisely escape the top”?
Final summary:
Ethereum Foundation—the real reverse indicator doesn’t dare to take the role. They’ll always sell right at the moment of the breakout, never getting out of the right time.
You buy the dip; they unload. You have the vision; they do the settlement.
Anyway, as for pumping, your community can figure that out yourselves.
$ETH