🩸 The Ethereum Foundation has sold another 1,250 ETH, worth around $2.8 million.
And once again, the reason remains the same: “selling to fund development.”
But for the community, every ETH sale from the Foundation raises one big question:
If the people who understand Ethereum the most keep selling, where is the long-term conviction?
Building is necessary.
Funding is necessary.
But selling into weak market sentiment and calling it “development” makes it hard for the community to stay optimistic.
Ethereum does not lack technology.
Ethereum is lacking confidence.