Ethereum Foundation sells 5,000 ETH; ETF inflows support potential “last pump”

Ethereum Foundation (EF) has completed its planned ETH sell program: it disposed of all 5,000 ETH it intended to raise operating funds after reaching its 70,000 staked ETH target. The sales were executed in two batches. The first ended Apr 9 and the second ended Apr 11. Lookonchain data shows EF converted the proceeds into 11.11M DAI at an average disposal price of about $2,221. (The article also notes the earlier remaining 1,250 ETH, totaling the full planned 5,000 ETH conversion.) Meanwhile, market flows looked constructive. A Cumberland-linked wallet withdrew about $60M worth of ETH from multiple exchanges including OKX and Binance, suggesting fresh positioning rather than liquidation. Spot Ethereum ETFs also ended the week in the green: net inflows were $85.19M on Thursday and $65M on Friday, following a $120.24M inflow on Monday. The week ended with about $187.07M in net inflows—the first positive week in nearly a month. On price action, ETH rebounded from roughly $2,050 to above $2,250 after a two-week US–Iran truce. Analyst Ted Pillows expects a move toward $2,350–$2,400 and frames it as likely the “last pump” before another correction if $2,200 support holds. Another analyst (CW) pointed to improving futures activity as ETH futures whales increase long positions after a quieter period since the 8th. For ETH traders, the near-term setup is mixed: EF’s ETH supply reduction is a headline risk, but ETH ETF inflows and whale accumulation could keep bids under the market while traders test the “last pump” scenario.