During previous bull markets, the Ethereum Foundation successfully predicted market movements with its ETH holdings. However, the fund has now deviated from this strategy.
The Ethereum Foundation has previously sold large amounts of ETH during peak valuations, allowing the organization to benefit from high prices and provide funding for ongoing development and operations.
According to the latest data from IntoTheBlock, the fund has not yet participated in significant asset sales in the current market cycle. This deviation raises questions about the fund's current strategy and the future direction of the market. The Ethereum Foundation's abstention from selling ETH tokens may indicate that it believes in greater growth potential for the cryptocurrency.
ETH has come under significant pressure along with the broader cryptocurrency market. The asset fell to $3,370 this week. This case represents bullish sentiment, despite the nearly 10% decline in its price over the past month.
The Fund may have adopted a new approach to managing its assets. "Historically, during every bull market, the Fund has strategically sold in large quantities, often timing these sales almost perfectly with market peaks. The Ethereum Fund has yet to make significant sales in the current cycle. Does this mean the peak is yet to come, or has the Fund changed its approach?"