William Mougayar, a blockchain researcher, has come to the defense of the Ethereum Foundation (EF) amidst growing criticism from the cryptocurrency community. Critics have pointed to recent ETH sales and unstaking activities as detrimental to ETH's price performance. Mougayar argues that the EF is not only fulfilling its mandate but is also intentionally working to decentralize Ethereum over time. He describes the foundation's efforts as a 'subtraction path,' emphasizing that it is focused on hardening the protocol and funding crucial research that is often overlooked by others in the industry. Currently, ETH is trading at $2,117.09, reflecting a 4.67% increase over the past day, but it remains down more than 57% from its all-time high of $4,953 recorded in August 2022. Recently, the EF completed its third over-the-counter (OTC) sale of ETH to BitMine Immersion Technologies, offloading 10,000 ETH for approximately $22.9 million. This sale is part of a broader strategy, as the EF has recently unstaked 17,035 ETH worth around $40 million and another 21,270 ETH from Lido, valued at nearly $50 million.