The Ethereum Foundation’s recent ETH sales and defense of these actions have sparked intense debate within the crypto community. Critics and supporters of Ether argue that these sales are stifling Ethereum’s price momentum and recovery while the rest of the crypto market shoots higher. ETH has been struggling to reclaim its 2021 all-time high of $4,870 and currently trades between $3,200 and $3,400. Investors question how the foundation’s actions might influence its future trajectory if they halt these sales. Could this decision trigger a rally? If so, how high can the Ethereum price go?
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