EF Continues To Sell Ethereum, But Analysts Offer Hope

The Ethereum Foundation (EF) recently sold another 100 Ethereum (ETH) for 307,893 DAI, a stablecoin pegged to the US dollar. This marks the third time in 2025 that the EF has sold ETH, raising concerns among ETH holders about the cryptocurrency’s relatively lackluster price performance.

The Ethereum Foundation (EF) recently sold another 100 Ethereum (ETH) for 307,893 DAI, a stablecoin pegged to the US dollar, according to a transaction spotted by on-chain analytics platform Spot On Chain.

The foundation has now sold a total of 300 ETH in 2025, with the previous sales being 100 ETH on January 19th and another 100 ETH on January 20th. In total, the EF has raised approximately $981,200 from these sales as of January 27th.

However, the foundation still owns a significant amount of Ethereum, with Arkham Intelligence data showing that the non-profit organization holds 269,175 ETH, which is currently valued at over $800 million.

The foundation's periodic selling of ETH has been a point of concern for some large holders of the digital asset, especially given Ethereum's lackluster price performance relative to other cryptocurrencies.

However, seasoned crypto trader CoinMamba shared a chart that could offer "some hopium" for ETH over the next two months, highlighting the cryptocurrency's strong historical performance in February and March.

According to CoinMamba's analysis, ETH has only posted negative returns in February once, which was in 2018 after the digital asset already surged by 50% in January of that year.

In 2024, the cryptocurrency saw a 46.3% increase in price during February, and in seven out of the last eight years, ETH has posted double-digit gains in February.

Meanwhile, March has seen positive returns for ETH seven out of the last eight years, with an average return of 43.8%. In 2024, the second-largest cryptocurrency by market cap saw a 33.7% increase in price during March.

Crypto trader Crypto Rover also shared their analysis, which aligns with the prediction of ETH appreciating in value over the next couple of months.

The trader emphasized that ETH is still in a "massive uptrend," and there is no reason to panic over the short-term price movements or performance.

Is ETH on the cusp of a rally?

Despite being overshadowed for much of 2024 by the likes of SUI, Solana (SOL), and XRP, analysts are confident that ETH has yet to experience a bullish price momentum that could bring it closer to its current all-time high (ATH) of $4,878, recorded in November 2021.

For example, recent analysis by crypto analyst Mister Crypto suggests that ETH has likely bottomed out and a price rally could be imminent for the smart contract platform token.

Another analyst pointed out that ETH is completing an inverse head-and-shoulders pattern on the three-day chart, which is considered a bullish signal for the digital asset.

However, concerns remain regarding Ethereum's underperformance relative to Bitcoin (BTC), with the ETH/BTC trading pair hitting four-year lows. At press time, ETH is trading at $3,125, down 5.7% over the past 24 hours.