The post Impact of Ethereum Foundation sales on ETH price is overblown – CoinGecko research appeared on BitcoinEthereumNews.com.

According to a detailed CoinGecko report, sales of Ethereum by the Ethereum Foundation (EF) do not have as big an effect on the token’s price as is generally believed.  “Does Ethereum Foundation’s (EF) sell-offs trigger any significant market movements?” CoinGecko asked in a tweet, where it revealed its latest study that proves that Ethereum Foundation sell-offs of less than 9K ETH have no significant positive correlation on price changes. The same can not be said for sales of larger than 15K ETH. For instance, one instance where the foundation sold 70K ETH resulted in a 20.6% dip, while a sale of 16.3K ETH followed a 36.5% rise. For the research, CoinGecko analyzed EF sell-offs from October 16, 2017, to January 15, 2025, using publicly available on-chain data from Dune, Etherscan and CoinGecko. Note that only ETH transactions above 100 ETH were taken into consideration, and the analysis does not consider any market trends or macroeconomic events. Ethereum Foundation ETH sales had different effects on price over the 3, 7, and 30-day time frames. Source: CoinGecko CoinGecko’s findings confirm relationship between EF sales and ETH price action According to the report, ETH’s average 7-day price change following an EF sell-off is +1.3%. The report does not disprove the claim that large Ethereum Foundation (EF) sell-offs trigger immediate market reactions. However, it argues that these moves aren’t uniformly negative. The percentage of cases that saw ETH’s price decline within 7 days of an EF sell-off is -47.6%, and it suggests that less than half of EF sell-offs result in an immediate price decline. In fact, CoinGecko claimed that in most cases, EF’s sales activities do not cause Ethereum’s price to take a deep dive. Since the sell-offs have been happening, the largest single-week drop on record after an EF sale was -41.1%.…

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Filed under: News - @ March 25, 2025 6:22 pm