Ethereum is off to a rocky start this 2025, and its vibrant dev community isn’t happy. According to reports, the Ethereum Foundation has recently moved a substantial amount of Ether. The foundation’s transactions to move and sell its tokens became messier when one of its employees attempted to explain the situation, generating a lot of backlash.

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Ethereum’s recent transactions have occurred since Bitcoin and other top tokens have been ripping through the charts. Price-wise, Ethereum is trading between $3,200 and $3,384, which is too far from 2021’s high of $4,870.

What’s Up, Ethereum Foundation?

The Ethereum Foundation, the primary organization supporting the development of the blockchain, is not helping the cause. Regardless of its intention or the overriding objectives for unloading massive ETH tranches, these moves still leave a bad taste in the mouths of most holders and supporters.

According to a recent post by Spot On Chain on Twitter/X, the foundation has recently moved another 100 ETH in exchange for 336,475 DAI. According to the account, the foundation sold 200 ETH tokens for $67k in the first few days of 2025 at an average cost of $3,361. The account added that ETH is 31% below its 2021 high of $4,878, while Bitcoin continues to retest its highs and currently breached the $109k level.

[ATTENTION] The Ethereum Foundation just sold another 100 $ETH for 336,475 $DAI!

In total, they have sold 200 $ETH ($672K) in 2025 at an average price of $3,361 over the past 12 days.$ETH remains 31% below its 2021 ATH of $4,878, while $BTC has hit a new ATH of $109K today!… https://t.co/9CWWVsrfhj pic.twitter.com/ZOr504i1HG

— Spot On Chain (@spotonchain) January 20, 2025

Ether Supporter’s Comments Draw Negative Feedback

The foundation’s latest transaction, the sale of 100 tokens, came after Josh Stark’s comments came to light. Stark, a popular ETH supporter, defended the foundation’s decision to sell these ETH tokens, arguing that they’re still actively using the blockchain’s native token.

the EF uses Ethereum all the time, for instance to (1) swap ETH for stables (usually @CoWSwap) and (2) to pay people (grantees, team members) in stables and ETH, on mainnet and L2s. Events we run (like Devcon and Devconnect) take onchain payments and use onchain ID for tickets.

— Josh Stark (@0xstark) January 20, 2025

In a Twitter/X posting, Stark explained that the foundation uses its tokens every time. These tokens buy stablecoins, pay their people in stablecoins, and support the blockchain’s events.

Stark’s comments didn’t sit well with some crypto observers and commentators. Twitter/X user WazzCrypto hit Stark for using ETH “dump” as an explanation to support the foundation’s transactions. User @VelvetMilkman was disappointed with Stark, arguing that it’s a lame excuse for using the altcoins.

Meanwhile, X user Trading_Axe has a more scathing, and no holds barred take on the issue:

Their brains actually do not work at all.

The fuck you need 300K for so urgently?

What could you POSSIBLY, as the ETHEREUM FOUNDATION, when the entire world is watching, need 300K OF A PUBLIC SELL ORDER for?

Mindless cockroaches.

Retar Dio.

— ً (@trading_axe) January 20, 2025

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Buterin Sets The Record Straight For ETH

Many critics say Ethereum is losing ground against other blockchains, particularly Solana. As such, many recommend that Ethereum stake its tokens instead of selling them to generate yields. The increasing number of comments and criticisms against the foundation has caught the attention of Vitalik Buterin, Ethereum’s co-founder.

Buterin said the team has also explored many options, including staking their tokens. However, regulatory issues and potential problems with the hard fork prevented them from doing so. Although there’s a friendly regulatory environment right now, the risks associated with staking remain high.

Featured image from ETF Stream, chart from TradingView

The price of Bitcoin (BTC) has maintained its bearish drawdown over the past week. While it is trying to trigger a rebound, top market analyst Ali Martinez has shared crucial insights to note.

Historic Cycles of Bitcoin Bull Run

The analyst shared a chart showing Bitcoin’s price performance from cycle lows over different periods. Precisely, the chart outlined cycles from 2011 to 2015, 2015 to 2018, 2018 to 2022 and 2022+. During these cycles, the price of Bitcoin fluctuated significantly but it was discovered that at some periods, the price of the coin hit a peak price.

If this #Bitcoin market cycle mirrors the last three, the top could actually come around December 2024 or October 2025! pic.twitter.com/Bsuy3CjM9f

— Ali (@ali_charts) June 18, 2024

Armed with this historical data, Martinez believes that if the current Bitcoin cycle mirrors the last three cycles, the market could see a major bull run by December 2024 and October 2025. The analyst’s speculations is supported by some previous predictions from industry experts.

Jack Mallers, CEO of Bitcoin wallet and payments application Strike, stated that Bitcoin could surge between 260% and 1,357% in the coming months. Notably, Mallers believes the coin is still in its early stages, predicting that it could hit $250,000 to $1 million within the next 10 to 18 months.

Similarly, Bernstein also predicted that BTC would hit $200,000 by 2025 and even more boldly, the analyst from the firm noted that the flagship crypto will reach $1 million by 2033.

BTC Price Sees Bear Movement 

Meanwhile, the coin has been on a downtrend for a while. At the time of this writing, Bitcoin was trading at $64,494.51 with a 2.70%  decrease in the last 24 hours. The Bitcoin price has dropped to its one-month low and a crucial support level of the 50-day moving average indicating the short-term downtrend in the crypto.

However, there is hope that spot Bitcoin ETF demand and other metrics could drive the price of the flagship cryptocurrency by a significant percentage. Despite this bullish tendency, the current situation of the market could impede this potential outlook of the spot BTC ETF market.

Overall, the Bitcoin ETF market is reeking of outflows, solidifying the headwind. Recent data from Farside Investors revealed a substantial net outflow of $226.2 million from the US Bitcoin spot ETF market. Additionally, Farside also reported a complementary net outflow of $146 million from the offering.

If this trend persists, Bitcoin may need other metrics to fuel it transition to a bull run.

Read More: Pepe Coin Price Analysis Hints Last Pullback Before a New High to $0.00002

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Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on Twitter, Linkedin

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.