The Interchain Foundation, a prominent Cosmos developer, recently sold 3,000 Ethereum from its reserves, totaling around $10.16 million. This liquidation adds to the 21,600 ETH sold since April 2024, which amounted to approximately $55.97 million. With an average selling price of around $2,591 per ETH, analysts are observing a trend in the Cosmos developer’s sales strategy. The market is speculating on the implications of such a significant liquidation as it might signal further changes in Ethereum’s landscape. Investors are on alert as this ongoing pattern unfolds and its potential impact on Ethereum is assessed.