Ethereum Foundation Converts 1,000 ETH to Stablecoins – Here’s Why

The Ethereum Foundation has announced plans to sell 1,000 ETH, worth roughly $4.5 million, as ETH’s price climbs above $4,500 for the first time since mid-September.

The sale, disclosed on October 4, will be executed using CowSwap’s Time-Weighted Average Price (TWAP) feature. This automated tool spreads large transactions over time to prevent sudden market disruptions.

By using TWAP, the Foundation aims to reduce price volatility, minimize slippage, and secure more balanced execution prices.

Institutional investors and crypto treasuries often rely on similar strategies to offload large holdings without triggering sharp price swings.

1/ Today, The Ethereum Foundation will convert 1000 ETH to stablecoins via