During previous bull markets, the Ethereum Foundation has demonstrated a keen ability to time the market with its ETH holdings.The Ethereum Foundation was found to have executed large sales of ETH near peak valuations in the past. This strategy has allowed the organization to capitalize on high prices and potentially secure funding for ongoing development and operations.
“Historically, during each bull market, the Foundation has strategically sold substantial amounts, often aligning these sales almost perfectly with market peaks. In the current cycle, the Ethereum Foundation has yet to execute any significant sales. Does this mean the peak is yet to come, or has the Foundation changed its approach?”that the Foundation had converted a portion of its ETH holdings into stablecoins in April. According to the data, the foundation converted 100 ETH to 354,000 DAI.
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