🔥 Dumping $23 million of ETH isn’t a panic sell‑off — it’s a strategic treasury move.

📊 This morning the Ethereum Foundation off‑loaded another 10,000 ETH (≈$23 M) to BitMine, marking the second consecutive week of on‑chain outflows while ETH still trades at $2,729 (+1.59% 24h) with $248 M volume. #Ethereum #BitMine

💡 The broader picture stays bullish: futures open interest sits at $6.22 B, funding is +0.0093% (longs paying), the long/short ratio is a hefty 2.63 and 61% of top traders are net long; on‑chain smart‑money wallets are still accumulating, and RSI 61 signals upward momentum. #OnChain #Bullish

✅ Your play: ignore the foundation’s treasury trim and let the futures and on‑chain data guide you—hold your ETH position or consider adding on modest pullbacks, especially when price nudges toward the lower Bollinger Band around $2,680.

❓ How are you interpreting the foundation’s weekly ETH sales – a warning sign or just routine treasury management?