The total value of the sale is estimated at around $43 million. Moreover, this step aligns with the treasury policy announced in June. The policy aims to manage ETH sales in a planned and transparent way. Additionally, the foundation will periodically track deviations in its fiat assets. 

0/ Transparency Notice: Over several weeks this month, EF will convert 10K ETH via centralized exchanges as part of our ongoing work to fund R&D, grants, and donations.

Conversions will take place over multiple smaller orders, rather than as a single large transaction.

— Ethereum Foundation (@ethereumfndn) September 2, 2025

Ethereum Foundation Sales and Previous Transactions 

Since announcing its treasury policy, the foundation has sold approximately $25 million worth of ETH to SharpLink Gaming. In addition, two transactions totaling 2,795 ETH have been completed. Furthermore, a major sale of 100,000 ETH in December 2020 contributed to Ethereum reaching all-time high prices in the following months. These actions support continuous funding for foundation projects.

The planned ETH sales help sustain R&D work and community grants. Moreover, this strategy signals transparent financial management to investors. Finally, the foundation aims to create stability in the ecosystem. Meanwhile, the sale is expected to be completed within a few weeks, minimizing market disruption. 

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Bullish Sentiment Prevails Despite Sideways Market

Despite the current sideways market trend, analysts remain optimistic, projecting further gains for Bitcoin before the upcoming halving event. Historically, whales have played a significant role in influencing cryptocurrency trends, especially during pivotal periods in bull cycles.

Strategic Purchase after Price Correction

The recent price correction for Bitcoin, following its surge past $70,000, may have triggered renewed bullish activity in anticipation of a future rise. As of this writing, Bitcoin trades at $68,063, reflecting a modest 0.4% increase over the past 24 hours. Crypto commentator MartyParty, writing on platform X (formerly Twitter), highlighted the whale’s strategic purchase at the price dip, followed by the transfer of assets out of the centralized exchange, OKX.

Whale Activity Signals Long-Term Holding

MartyParty’s tweet reads: “Whale movements: 30 min ago 15,745 Bitcoin was bought at $68079 and moved off @okx – worth $1.06b. A whale bought the dip right before the bounce. Wallet: bc1qa87h3yv648nmngfjplskkcq238q7xz4g00575r.” This asset movement out of a centralized exchange suggests a long-term holding strategy by the whale. Conversely, transfers to exchanges often indicate selling pressure, as exchanges facilitate easy Bitcoin sales compared to other custodians used for long-term storage.

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If you have chosen the Futures side, let’s start preparing the Bitget Futures user guide for the platform you can use for this trading. The first thing you need to do, of course, will be to register with this exchange or log in. If you want to benefit more from logging in to the Bitget exchange, you can use the registration link where you can get a 10% commission discount exclusively for Coin Engineer followers.

Following logging in to the exchange, you can use the “Trade” button at the top panel on the main page and then the “Futures” button from the new panel opened after it. After clicking, you will be greeted by the Futures screen. If you have used similar fields before, this page will appear easier and more understandable to you.

From the screen that opens here, you can enter and manage your transactions and orders. Now, let’s generally discuss what the buttons and functions on the screen are for.

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(1) First, you will see the “BTCUSDT” button in the top left corner of your Futures screen. You can use the small black triangle determined next to this button to proceed by determining the assets you want to trade and their pairs from the new tab that opens. You can even add them to your favorites by clicking on the “Star” sign next to them. Trying this on the pairs you frequently trade will be more beneficial in terms of speed.

(2) In the lower part of the previous button, you can see the graph part. Here, based on your predictions that the price will go down or up, you can enter Long/Short orders. On the right side of this graph is the Orderbook. This allows you to track your order flows. Order flows show where the price has strong buyers and sellers. You can also see Market Transactions here. You can understand instantly where the price will go by seeing these transactions.

(3) The Long/Short section that will allow us to take a position is located on the right side of the Orderbook tab. You can use functions such as leveraged amount, Isolate/Margin transaction type, Limit or Market buy/sell order here.

You can also use the Trading Bot instead of doing these operations manually. If you are new to trading, we do not recommend your trading bot to take trades on your own. You can adjust the type of orders you enter using this tab, leverage amount.

(4) After placing your orders and your position is in effect, you can track your position from the tab below. Here you can view your profit and loss situation in the Position (4.1) section.

(4.2) In Followed Orders section, if you have ordered for the price to be realized when it comes to a certain range with a limit order, these orders will accumulate here, not in the Position section, and when the price comes to that point, your orders will start to appear in the Position section by being triggered.

(4.3) In the Strategy section, you can test and order for the strategy you have created.

In past sections, you can check your orders, paid commissions, realized PNLs. In this article, we explored what Bitget Futures is. Stay tuned for more!

In the comment section, you can freely share your comments and  opinions about the topic. Additionally, don’ t forget to follow us on Telegram, YouTube, and Twitter for the latest news and updates.

The post What is Bitget Futures? How to Use it? appeared first on Coin Engineer.