The Ethereum Foundation is transferring $11 million worth of ETH, and this timing coincides with a state of extreme fear in the market, sparking bearish expectations regarding the price. Ethereum is currently clinging to a tight range that could break either way, and what happens next may depend on whether this selloff is simply operational routine or a sign of something bigger brewing beneath the surface.
According to an announcement last night, the Ethereum Foundation plans to transfer 5,000 ETH using CoWSwap’s time-weighted average price (TWAP) feature, with individual tranches worth just under $1 million each executed.
The Ethereum Foundation liquidated 3,750 $ETH ($8.3 million) as part of a 5,000 project $ETH Stablecoin conversion plan for R&D, grants and donations. pic.twitter.com/eP8ZI9fl1r
– Selcoin Global (@selcoinglobal) April 9, 2026
The funds are being withdrawn from a wallet named “Ethereum Foundation DeFi Ecosystem”, the same wallet that held 50,000 ETH in January 2025. This is EF’s first TWAP sale since last October, when it sold 1,000 ETH for around $4.5 million.
The broader market doesn’t offer much support; The Fear and Greed Index stabilizes at the level of 14, which represents a state of “extreme fear”. Technical signals tend to consist of 20 bearish signals versus 13 bullish signals as Ethereum tests a support zone that could determine price action over the coming weeks. The Ethereum ecosystem is currently at a turning point.
Ethereum Price Forecast: Is $2,500 a Far-fetched Target?
ETH is currently near the $2,100-$2,200 support zone, which is a crucial area for the short-term trend. The average volatility is 3.73%, with 63% green days recorded in the last 30 days.
For investors and traders opening long positions, the goal is for ETH to stay above $2,100 support, break through resistance near $2,175 by April 10, and move closer to analyst targets of $2,450 to $2,650 next week, a range indicated by platforms like Changelly and CoinCodex.
However, volatility persists in the $2,100-$2,200 range as the market absorbs institutional selling pressure and macro uncertainty. Although a close below the $2,000 level opens the door for a decline towards levels as high as $1,200, this will not happen unless the current rebound momentum stops completely.
The one-month outlook is more optimistic, with our estimate at $2,600, but this would require a change in market sentiment that is not supported by the current “extreme fear” numbers.
LiquidChain Project Targets Early Growth Opportunities as Ethereum Tests Key Levels
Holding ETH above $2,100 may provide some relief, but even in a bull case, it appears the price will peak near $2,650 in the near term. For traders looking for asymmetric growth, the math gets trickier when dealing with a multi-trillion dollar market cap, and that’s where early infrastructure projects come into play.
The LiquidChain project is a layer 3 infrastructure that builds the so-called “cross-chain liquidity layer,” a single execution environment that simultaneously integrates Bitcoin, Ethereum, and Solana liquidity. Developers can deploy once and access all three systems, eliminating the bridge fragmentation that has long plagued multi-chain strategies.
A new layer appears. Only a few see it first.
The future is LiquidChain⟁ pic.twitter.com/R7ZeZ0NPGl – LiquidChain (@getliquidchain) March 24, 2026
Currently at pre-sale price $0.01447with a collection of approximately 650 thousand dollars Again. Key architectural features include a unified liquidity layer, single-step execution, verifiable settlement, and a single deployment infrastructure. The project also offers a huge staking reward of up to 1600% per year For first time buyers.
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