According to data the Ethereum Foundation has moved 160,000 ETH, approximately valued at $654 million, among its internal wallets. The significant transaction, initially highlighted, marks one of the Foundation’s largest individual transfers of 2025. A transaction was initiated from an address and directed to a Gnosis Safe-controlled EF wallet, indicating that the activity was more of an internal treasury reorganization instead of a deposit to an exchange. Ethereum Foundation transactions frequently ignite community speculation, yet it seems that no ETH from this transfer has been directed to centralized exchanges.
Historically, actions related to the Foundation have often come before sales. These sales have attracted criticism from observers, placing each action of the Foundation under increased scrutiny. Latest data reveals that all 160,000 ETH are still held within wallets controlled by the Ethereum Foundation. Analysts view this as a potential update related to custodial or multi-signature solutions, likely associated with enhancements in security or treasury management. In the wake of the significant transfer, the market response has remained surprisingly tranquil. Ethereum’s price surged by 2.82% over the last 12 hours, successfully reclaiming the $4,000 mark after a brief dip below $3,600 earlier this week.
The source indicates a transition to bullish momentum, as green bars appear following an extended phase of bearish pressure. This suggests that traders are not interpreting the transfer as a sign of possible liquidation. The Ethereum Foundation continues to be a focal point in the crypto space, given its substantial holdings and significant impact on ETH’s price movements. Movements in wallets surpassing $100 million frequently ignite speculation regarding market timing or strategic adjustments in treasury management.
Current evidence suggests a non-market transaction, as there has been no movement of ETH to exchanges and no unusual selling pressure detected in the derivatives markets. ETH’s technical outlook shows a slight improvement, with resistance positioned around $4,200 and support maintaining at $3,700. If momentum continues, a breakout above $4,250 might indicate a short-term move toward $4,500. The Ethereum Foundation’s current on-chain stance is neutral, supporting the view that this recent action is tied to internal operations rather than signaling an impending sell-off.