The Ethereum Foundation plans to liquidate $43 million worth of ETH through centralized exchanges, sparking debate over its selling strategy.
(Photo of Deng Xiang on Unsplash)
Posted September 3, 2025 at 10:20 am EST.
The Ethereum Foundation has announced plans to sell 10,000 ETH, valued at roughly $43 million, over several weeks through centralized exchanges (CEXes).
The Foundation said the sale would fund research and development (R&D), ecosystem grants, and donations related to the Ethereum ecosystem.
“Conversions will take place over multiple smaller orders, rather than as a single large transaction,” said the Foundation.
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The decision to sell ETH through centralized exchanges drew backlash from the crypto community, with some questioning why the Foundation hadn’t opted for the sale via a decentralized exchange or an over-the-counter (OTC) deal with an ETH treasury company instead.
“This is the most polite way I’ve seen someone dump on us ever,” said one X user.
“Translation: price goes down, then everyone forgets it happened and price goes up.”
