ETHZilla Sells $74.5M in Ethereum (ETH) to Reduce Debt and Strengthen Balance Sheet

The crypto investment firm ETHZilla has executed a major sale of 20,000 Ether (ETH), valued at approximately $74.5 million. This strategic move is part of the company's ongoing effort to manage its debt obligations and optimize its financial position. The transaction, conducted via a trusted over-the-counter (OTC) desk, was designed to minimize market impact. Analysts view this as a prudent treasury management decision, allowing ETHZilla to decrease leverage while maintaining significant exposure to the Ethereum ecosystem. The firm has confirmed its long-term bullish stance on ETH, framing the sale as a routine portfolio rebalancing rather than a loss of confidence.