{"id":54821,"date":"2025-10-22T10:40:41","date_gmt":"2025-10-22T07:40:41","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=54821"},"modified":"2025-10-22T10:40:41","modified_gmt":"2025-10-22T07:40:41","slug":"ethereum-foundation-654m-eth-transfer","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/ethereum-foundation-654m-eth-transfer\/","title":{"rendered":"Ethereum Foundation Moves $654M ETH, Market Reacts"},"content":{"rendered":"<p data-start=\"758\" data-end=\"956\">The <strong>Ethereum Foundation<\/strong> today moved $654 million worth of <a href=\"https:\/\/coinengineer.net\/blog\/bitcoin-ethereum-options-expiry-6-billion\/\"><strong>ETH<\/strong><\/a> to a wallet commonly linked with sales. The transaction has sparked speculation across the crypto market about potential liquidations.<\/p>\n<p data-start=\"958\" data-end=\"1179\">ETH\u2019s price dropped by 32% within 24 hours, reaching as low as $3,820. Last month, the Foundation sold small amounts of ETH to support independent DeFi projects; however, none of those transactions exceeded $10 million.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/ethereum-foundation-654m-eth-transfer\/#Analysts_%E2%80%9CFunds_Might_Go_to_Developers%E2%80%9D\" title=\"Analysts: \u201cFunds Might Go to Developers\u201d\">Analysts: \u201cFunds Might Go to Developers\u201d<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/ethereum-foundation-654m-eth-transfer\/#Market_Fears_of_Panic_Selling\" title=\"Market Fears of Panic Selling\">Market Fears of Panic Selling<\/a><\/li><\/ul><\/nav><\/div>\n<h2 data-start=\"1181\" data-end=\"1227\"><span class=\"ez-toc-section\" id=\"Analysts_%E2%80%9CFunds_Might_Go_to_Developers%E2%80%9D\"><\/span>Analysts: \u201cFunds Might Go to Developers\u201d<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"1229\" data-end=\"1509\">Some analysts believe the funds could be directed to experienced developers as compensation rather than direct market sales. This view follows a recent event: Geth senior developer Peter Szil\u00e1gyi resigned from the Ethereum Foundation last week, criticizing its low-pay policies.<\/p>\n<p data-start=\"1511\" data-end=\"1785\">Szil\u00e1gyi revealed that during his six-year tenure, he earned only $625,000 \u2014 far below what he considered fair for his contribution to the project. His statement caused a strong reaction within the community, reigniting debate over the Foundation\u2019s compensation structure.<\/p>\n<p data-start=\"1787\" data-end=\"2063\">The Ethereum Foundation\u2019s Co-Executive Director addressed the issue today, apologizing and stating that \u201csenior developers are not compensated enough for the value they bring.\u201d This statement fueled speculation that the large transfer might be related to personnel payments.<\/p>\n<h2 data-start=\"2065\" data-end=\"2100\"><span class=\"ez-toc-section\" id=\"Market_Fears_of_Panic_Selling\"><\/span>Market Fears of Panic Selling<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"2102\" data-end=\"2366\">The crypto community is now waiting for an official statement from the Ethereum Foundation. Investors are watching on-chain data to confirm whether the Foundation will sell these funds. Historically, similar transactions have created short-term selling pressure.<\/p>\n<p data-start=\"2368\" data-end=\"2421\">Crypto analysts highlight three main possibilities:<\/p>\n<ul data-start=\"2423\" data-end=\"2649\" data-is-last-node=\"\" data-is-only-node=\"\">\n<li data-start=\"2423\" data-end=\"2505\">\n<p data-start=\"2425\" data-end=\"2505\">The Foundation might sell ETH to cover developer salaries and research grants.<\/p>\n<\/li>\n<li data-start=\"2506\" data-end=\"2581\">\n<p data-start=\"2508\" data-end=\"2581\">Part of the ETH could be distributed as grants to independent projects.<\/p>\n<\/li>\n<li data-start=\"2582\" data-end=\"2649\" data-is-last-node=\"\">\n<p data-start=\"2584\" data-end=\"2649\" data-is-last-node=\"\">The transfer may simply be a precautionary wallet reorganization.<\/p>\n<\/li>\n<\/ul>\n<p><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram,\u00a0<\/a><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/a>,\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/a>\u00a0channels for the latest\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ethereum Foundation today moved $654 million worth of ETH to a wallet commonly linked with sales. The transaction has sparked speculation across the crypto market about potential liquidations. ETH\u2019s price dropped by 32% within 24 hours, reaching as low as $3,820. Last month, the Foundation sold small amounts of ETH to support independent DeFi<\/p>\n","protected":false},"author":36,"featured_media":43897,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[847,12149,24956,24955,843,1914,2231,6546],"class_list":["post-54821","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-crypto-news","tag-crypto-sell-off","tag-defi-support","tag-developer-funding","tag-eth-price","tag-ethereum-foundation","tag-market-analysis","tag-on-chain-data"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ethereum Foundation Moves $654M ETH, Market Reacts - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Ethereum Foundation moved $654M in ETH, triggering sell-off rumors and speculation about developer payouts and fund allocation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/ethereum-foundation-654m-eth-transfer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Foundation Moves $654M ETH, Market Reacts - 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