{"id":2497,"date":"2026-04-10T13:36:28","date_gmt":"2026-04-10T13:36:28","guid":{"rendered":"https:\/\/bitcoinnewscrypto.com\/ko\/?p=2497"},"modified":"2026-04-10T13:36:28","modified_gmt":"2026-04-10T13:36:28","slug":"ethereum-foundation-is-still-selling-eth-why-staking-and-defi-havent-ended-the-pressure","status":"publish","type":"post","link":"https:\/\/bitcoinnewscrypto.com\/ko\/news\/ethereum\/ethereum-foundation-is-still-selling-eth-why-staking-and-defi-havent-ended-the-pressure\/","title":{"rendered":"\uc774\ub354\ub9ac\uc6c0 \uc7ac\ub2e8\uc758 ETH \ud310\ub9e4\u00b7\uc2a4\ud14c\uc774\ud0b9 \uc804\ub7b5: DeFi\uc640 TWAP \ud65c\uc6a9 \ucd5c\uc2e0 \ud750\ub984"},"content":{"rendered":"<p>Ethereum \uc7ac\ub2e8\uc758 \ucd5c\uc2e0 ETH \ud310\ub9e4\ub294 \ub9ce\uc740 \ud2b8\ub808\uc774\ub354\ub4e4\uc774 \uc774\ubbf8 \ud574\uacb0\ub41c \uac83\uc73c\ub85c \uc0dd\uac01\ud588\ub358 \ub17c\uc7c1\uc744 \ub2e4\uc2dc \ubd88\ub7ec\uc77c\uc73c\ucf30\uc2b5\ub2c8\ub2e4. 4\uc6d4 8\uc77c, \uc7ac\ub2e8\uc740 CoW Swap\uc758 TWAP \uae30\ub2a5\uc744 \ud1b5\ud574 5,000 ETH\ub97c \uc2a4\ud14c\uc774\ube14\ucf54\uc778\uc73c\ub85c \uc804\ud658\ud558\uaca0\ub2e4\uace0 \ubc1c\ud45c\ud588\uc73c\uba70, \uc774\ub294 \ub300\uaddc\ubaa8 \uac70\ub798\ub97c \uc2dc\uac04\uc5d0 \uac78\uccd0 \uc791\uc740 \uc870\uac01\uc73c\ub85c \ub098\ub220 \uc2dc\uc7a5 \ucda9\uaca9\uc744 \uc904\uc774\ub294 \ub3c4\uad6c\uc785\ub2c8\ub2e4. \uc774 \uc6c0\uc9c1\uc784\uc740 \ud55c \uac00\uc9c0\ub97c \ubd84\uba85\ud788 \ud588\uc2b5\ub2c8\ub2e4: \uc774\ub354\ub9ac\uc6c0 \uc7ac\ub2e8\uc758 \uae08\uace0 \uc804\ub7b5\uc740 \ud604\uae08\uc774 \ud544\uc694\ud560 \ub54c ETH\ub97c \ud310\ub9e4\ud558\ub294 \uac83\uc5d0 \uc5ec\uc804\ud788 \uc758\uc874\ud558\uace0 \uc788\ub2e4\ub294 \uc810\uc785\ub2c8\ub2e4.<\/p>\n\n<p>\uba87 \ub2ec \ub3d9\uc548 \uc2dc\uc7a5\uc758 \uc77c\ubd80\ub294 \ubc18\ub300 \uc785\uc7a5\uc744 \ubbff\uae30 \uc2dc\uc791\ud588\uc2b5\ub2c8\ub2e4. \uc7ac\ub2e8\uc774 \uae08\uace0 \uc790\uc0b0\uc744 DeFi\ub85c \uc62e\uae30\uace0, ETH \ub2f4\ubcf4\ub97c \ube4c\ub824 \uc0ac\uc6a9\ud55c \ub4a4, \ub300\uaddc\ubaa8 \uc2a4\ud14c\uc774\ud0b9 \uacc4\ud68d\uc744 \ucd9c\uc2dc\ud558\uba74\uc11c \ub9ce\uc740 \ud22c\uc790\uc790\ub4e4\uc740 \uc774\ub354\ub9ac\uc6c0 \uc7ac\ub2e8\uc758 \ud310\ub9e4 \uc555\ub825\uc774 \uc0ac\ub77c\uc9c0\uace0 \uc788\ub2e4\uace0 \uc0dd\uac01\ud588\uc2b5\ub2c8\ub2e4. \uc544\uc774\ub514\uc5b4\ub294 \ub2e8\uc21c\ud588\uc2b5\ub2c8\ub2e4. \uc7ac\ub2e8\uc774 \uc2a4\ud14c\uc774\ud0b9\uc73c\ub85c \uc218\uc775\uc744 \uc62c\ub9ac\uace0 DeFi\ub97c \ud1b5\ud574 \uc720\ub3d9\uc131\uc744 \ud655\ubcf4\ud55c\ub2e4\uba74, ETH\ub97c \ub9ce\uc774 \ud310\ub9e4\ud560 \ud544\uc694\uac00 \uc5c6\uc744\uc9c0\ub3c4 \ubaa8\ub978\ub2e4\ub294 \uac83\uc774\uc5c8\uc2b5\ub2c8\ub2e4.<\/p>\n\n<p>\ud558\uc9c0\ub9cc \uc774\uc81c \uadf8 \ud574\uc11d\uc740 \ub108\ubb34 \uac15\ud558\uac8c \ubc1b\uc544\ub4e4\uc5ec\uc9c4 \uac83\uc73c\ub85c \ubcf4\uc785\ub2c8\ub2e4.<\/p>\n\n<p>\uc774\ub354\ub9ac\uc6c0 \uc7ac\ub2e8\uc740 \uc774\ubbf8 \uae08\uace0 \uc815\ucc45\uc5d0\uc11c \uadf8 \ubc29\ud5a5\uc744 \uc81c\uc2dc\ud588\uc2b5\ub2c8\ub2e4. \uc815\ucc45\uc740 \uc9c0\ucd9c\uc744 fiat \uc6b4\uc601 \ubc84\ud37c\uc640 \uc5f0\uacb0\ud588\uc73c\uba70, \uc808\ub300\uc801\uc778 ETH \ubcf4\uc720 \uc57d\uc18d\uacfc\ub294 \uc5f0\uad00\ub418\uc9c0 \uc54a\uc558\uc2b5\ub2c8\ub2e4. \uc989, \uc7ac\ub2e8\uc740 \uc5ec\uc804\ud788 \ubcf4\uc870\uae08, \uc5f0\uad6c, \uc9c1\uc6d0 \ubc0f \uae30\ud0c0 \uc5c5\ubb34\ub97c \uc704\ud574 \uc2a4\ud14c\uc774\ube14 \uc790\uc0b0 \ud615\ud0dc\uc758 \ud604\uae08 \ube44\ucd95\uc774 \ud544\uc694\ud569\ub2c8\ub2e4. \uc774\ub294 \uc2a4\ud14c\uc774\ud0b9, \ucc28\uc785, ETH \ud310\ub9e4\uac00 \ubcc4\uac1c\uc758 \uc544\uc774\ub514\uc5b4\uac00 \uc544\ub2c8\ub77c \ubaa8\ub450 \uac19\uc740 \uae08\uace0 \uc2dc\uc2a4\ud15c\uc758 \uc77c\ubd80\uc784\uc744 \uc758\ubbf8\ud569\ub2c8\ub2e4.<\/p>\n\n<p>\uc2dc\uac04 \ud750\ub984\uc774 \ud63c\ub780\uc744 \ud0a4\uc6b4 \uc774\uc720\ub97c \ubcf4\uc5ec\uc90d\ub2c8\ub2e4. 2025\ub144 2\uc6d4, \uc7ac\ub2e8\uc740 Spark, Aave, Compound \ub4f1 DeFi \ud50c\ub7ab\ud3fc\uc5d0 45,000 ETH\ub97c \ubc30\uce58\ud588\ub2e4\uace0 \ubc1c\ud45c\ud588\uc2b5\ub2c8\ub2e4. 2025\ub144 5\uc6d4\uc5d0\ub294 Aave \ud3ec\uc9c0\uc158\uc744 \ub2f4\ubcf4\ub85c GHO 200\ub9cc \ub2ec\ub7ec\ub97c \ucc28\uc785\ud588\uc2b5\ub2c8\ub2e4. \uc774\ub294 \uc7ac\ub2e8\uc774 \uc989\uc2dc \ud604\ubb3c ETH\ub97c \ud310\ub9e4\ud558\ub294 \ub300\uc2e0 DeFi\ub97c \ud65c\uc6a9\ud558\uace0 \uc788\uc74c\uc744 \ubcf4\uc5ec\uc8fc\ub294 \uc911\uc694\ud55c \uc0ac\ub840\uc600\uc2b5\ub2c8\ub2e4. \uadf8\ub7f0 \ub2e4\uc74c 2026\ub144 2\uc6d4 24\uc77c\uc5d0 \uc57d 70,000 ETH\ub97c \uc911\uc2ec\uc73c\ub85c \ud55c \uc2a4\ud14c\uc774\ud0b9 \uc774\ub2c8\uc154\ud2f0\ube0c\ub97c \ubc1c\ud45c\ud588\uc73c\uba70, \ubcf4\uc0c1\uc774 \uae08\uace0\ub85c \ub3cc\uc544\uc624\uac8c \ud588\uc2b5\ub2c8\ub2e4. 2026\ub144 4\uc6d4 \ucd08\uae4c\uc9c0 \uadf8 \uc2a4\ud14c\uc774\ud0b9 \ubaa9\ud45c\ub294 \uac70\uc758 \uc644\ub8cc\ub418\uc5c8\uc2b5\ub2c8\ub2e4.<\/p>\n\n<p>\ud558\uc9c0\ub9cc \ud310\ub9e4\ub294 \uba48\ucd94\uc9c0 \uc54a\uc558\uc2b5\ub2c8\ub2e4. \uc7ac\ub2e8\uc740 3\uc6d4 \uc911\uc21c\uc5d0 5,000 ETH \uaddc\ubaa8\uc758 \uc7a5\uc678 \ud310\ub9e4\ub97c \uc644\ub8cc\ud588\uc73c\uba70, \uc774\uc5b4\uc11c 4\uc6d4 8\uc77c\uc5d0 ETH\ub97c \uc2a4\ud14c\uc774\ube14\ucf54\uc778\uc73c\ub85c \uc804\ud658\ud588\uc2b5\ub2c8\ub2e4. \ud310\ub9e4\uc640 \uc2a4\ud14c\uc774\ud0b9\uc774 \ub3d9\uc2dc\uc5d0 \uc9c4\ud589\ub41c \uac83\uc785\ub2c8\ub2e4. \uc774\ub294 \uc804\uccb4 \uc5f0\uac04 \uc218\uc775\ub960\uc774 70,000 ETH \uc2a4\ud14c\uc774\ud0b9 \ud480\uc5d0 \ub300\ud574 \uc544\uc9c1\ub3c4 \uc7ac\ub2e8\uc758 \uc9c0\ucd9c \ud544\uc694\uc5d0 \ube44\ud574 \ubbf8\ubbf8\ud558\ub2e4\ub294 \uc810\uc5d0\uc11c \uc911\uc694\ud569\ub2c8\ub2e4. 4\uc6d4 \ucd08\uc5d0 \uc774\ub354\ub9ac\uc6c0 \uc2a4\ud14c\uc774\ud0b9 \uc218\uc775\ub960\uc774 2.7%~3.0% \uc218\uc900\uc774\uc5c8\uc744 \ub54c, \ud574\ub2f9 \uc2a4\ud14c\uc774\ud0b9\uc740 \uc5f0\uac04 \uc57d 1,900~2,100 ETH\ub9cc\uc744 \uc0dd\uc131\ud569\ub2c8\ub2e4. \ud604\uc7ac ETH \uac00\uaca9\uc744 \uae30\uc900\uc73c\ub85c \ud558\uba74, \uc774\ub294 5,000 ETH \ud310\ub9e4 \ud55c \uac74\uc758 \uac00\uce58\ubcf4\ub2e4 \ud6e8\uc52c \uc801\uc740 \uae08\uc561\uc785\ub2c8\ub2e4.<\/p>\n\n<p>\ub9ce\uc740 \uc18c\ub9e4 \ud22c\uc790\uc790\ub4e4\uc774 \ub193\uce5c \ud575\uc2ec \ud3ec\uc778\ud2b8\ub294 \uc774\uac83\uc785\ub2c8\ub2e4. \uc774\ub354\ub9ac\uc6c0 \uc7ac\ub2e8 \uc2a4\ud14c\uc774\ud0b9\uc740 \uae08\uace0 \ud6a8\uc728\uc131\uc744 \ub192\uc77c \uc218 \uc788\uc9c0\ub9cc, \ud604\uc7ac \uc218\uc775\ub960 \uc218\uc900\uc5d0\uc11c\ub294 \uae08\uace0 \ud310\ub9e4\ub97c \uc644\uc804\ud788 \ub300\uccb4\ud560 \uc218 \uc5c6\uc2b5\ub2c8\ub2e4. \uc7ac\ub2e8 \uc790\uccb4 \uc218\uce58\uac00 \uc774\ub97c \uba85\ud655\ud788 \ubcf4\uc5ec\uc90d\ub2c8\ub2e4. 2025\ub144 1\ubd84\uae30 \ubcf4\uc870\uae08\ub9cc \ud574\ub3c4 3,260\ub9cc \ub2ec\ub7ec\uc5d0 \ub2ec\ud588\uc73c\uba70, \uc774\ub294 70,000 ETH\uc5d0 \ub300\ud55c 1\ub144 \uc2a4\ud14c\uc774\ud0b9 \ubcf4\uc0c1\ubcf4\ub2e4 \ud6e8\uc52c \ud070 \uae08\uc561\uc785\ub2c8\ub2e4. \uc5f0\uad6c, \uc6b4\uc601, \uc9c1\uc6d0 \ube44\uc6a9\uc744 \ucd94\uac00\ud558\uba74 \uc790\uae08 \uaca9\ucc28\ub294 \ub354\uc6b1 \ucee4\uc9d1\ub2c8\ub2e4.<\/p>\n\n<p>\uc774\ub294 \uae08\uace0 \uacc4\ud68d\uc774 \uc2e4\ud328\ud588\ub2e4\ub294 \uc758\ubbf8\uac00 \uc544\ub2c8\ub77c, \uacc4\ud68d\uc774 \uc124\uacc4\ub300\ub85c \uc791\ub3d9\ud558\uace0 \uc788\ub2e4\ub294 \uc758\ubbf8\uc785\ub2c8\ub2e4. \ud604\ub300\uc801\uc778 \uc554\ud638\ud654\ud3d0 \uae08\uace0\ub294 \ud558\ub098\uc758 \ub808\ubc84\uc5d0 \uc758\uc874\ud558\uc9c0 \uc54a\uc2b5\ub2c8\ub2e4. \uc5ec\ub7ec \uc218\ub2e8\uc744 \ub3d9\uc2dc\uc5d0 \uc0ac\uc6a9\ud569\ub2c8\ub2e4. DeFi \ucc28\uc785\uc740 \ub2e8\uae30 \uc720\ub3d9\uc131\uc744 \uc81c\uacf5\ud558\uace0, \uc2a4\ud14c\uc774\ud0b9\uc740 \uc218\uc775\uc744 \ucd94\uac00\ud569\ub2c8\ub2e4. TWAP \uc2e4\ud589\uacfc \uc7a5\uc678 \ube14\ub85d\uc740 ETH \ud310\ub9e4 \ubc29\uc2dd\uc744 \uad00\ub9ac\ud558\ub294 \ub370 \ub3c4\uc6c0\uc774 \ub418\uba70, \uc2a4\ud14c\uc774\ube14\ucf54\uc778\uc740 ETH\ubcf4\ub2e4 \ubcc0\ub3d9\uc131\uc774 \uc801\uc740 \uc6b4\uc601 \ube44\ucd95\uae08\uc744 \uc720\uc9c0\ud560 \uc218 \uc788\uac8c \ud569\ub2c8\ub2e4. \uc774 \ub3c4\uad6c\ub4e4\uc744 \uacb0\ud569\ud558\uba74 ETH \ud310\ub9e4\uc758 \uc18d\ub3c4\uc640 \uaddc\ubaa8\ub97c \uc904\uc77c \uc218 \uc788\uc9c0\ub9cc, \uc644\uc804\ud788 \uc5c6\uc568 \uc218\ub294 \uc5c6\uc2b5\ub2c8\ub2e4.<\/p>\n\n<p>\ubbf8\ub798 \uacbd\ub85c\ub294 \uc5ec\uc804\ud788 ETH \uac00\uaca9\uc5d0 \ub2ec\ub824 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub354\ub9ac\uc6c0 \uac00\uaca9\uc774 \uc0c1\uc2b9\ud558\uace0 \uc7ac\ub2e8\uc774 \uc9c0\ucd9c\uc744 \ud1b5\uc81c\ud55c\ub2e4\uba74, \uae08\uace0 \ubaa9\ud45c\ub97c \uc720\uc9c0\ud558\uba74\uc11c \ub354 \uc801\uc740 \ucf54\uc778\uc744 \ud310\ub9e4\ud560 \uc218 \uc788\uc744 \uac83\uc785\ub2c8\ub2e4. \ubc18\ub300\ub85c ETH \uac00\uaca9\uc774 \uc57d\uc138\ub97c \ubcf4\uc774\uace0 \uc9c0\ucd9c\uc774 \uc9c0\uc18d\ub41c\ub2e4\uba74, \uc6b4\uc601 \uae30\uac04\uc744 \ubcf4\ud638\ud558\uae30 \uc704\ud574 \ub354 \ub9ce\uc740 ETH\ub97c \ud604\uae08\ud654\ud574\uc57c \ud560 \uc218\ub3c4 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub294 \uae08\uace0 \ubaa9\ud45c\uac00 ETH\uac00 \uc544\ub2cc fiat \uae30\uc900\uc73c\ub85c \uce21\uc815\ub418\uae30 \ub54c\ubb38\uc785\ub2c8\ub2e4. \uc2dc\uc7a5\uc774 \ud558\ub77d\ud558\uba74 \u201c\ub35c \ud310\ub9e4\ud55c\ub2e4\u201d\ub294 \uc774\uc57c\uae30\uac00 \uae09\uaca9\ud788 \ubb34\ub108\uc9c8 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n<p>\ub354 \ud070 \uad50\ud6c8\uc740 \uc774\ub354\ub9ac\uc6c0 \uc7ac\ub2e8\uc774 \uc2dc\uc7a5\uc744 \uc624\ub3c4\ud588\ub2e4\ub294 \uac83\uc774 \uc544\ub2c8\ub77c, \uc2dc\uc7a5\uc774 \uc0ac\uc2e4\ubcf4\ub2e4 \ub354 \uae54\ub054\ud55c \uc774\uc57c\uae30\ub97c \ub9cc\ub4e4\uc5b4\ub0c8\ub2e4\ub294 \uc810\uc785\ub2c8\ub2e4. \uc774\ub354\ub9ac\uc6c0 \uc7ac\ub2e8\uc758 \uae08\uace0 \uad00\ub9ac\ub294 \uacb0\ucf54 \uc2a4\ud14c\uc774\ud0b9\ub9cc\uc744 \uc758\ubbf8\ud558\uc9c0 \uc54a\uc558\uc2b5\ub2c8\ub2e4. \uc5b8\uc81c\ub098 \uc2a4\ud14c\uc774\ud0b9, DeFi, \ucc28\uc785, \uadf8\ub9ac\uace0 \uc8fc\uae30\uc801\uc778 ETH \ud310\ub9e4\uac00 \ud63c\ud569\ub41c \uc804\ub7b5\uc774\uc5c8\uc2b5\ub2c8\ub2e4. 4\uc6d4 8\uc77c\uc758 \uc6c0\uc9c1\uc784\uc774 \uadf8 \uc804\ub7b5\uc744 \ubc14\uafbc \uac83\uc774 \uc544\ub2c8\ub77c, \uc624\ud788\ub824 \ubb34\uc2dc\ud558\uae30 \uc5b4\ub824\uc6b4 \ud604\uc2e4\uc744 \uac15\uc870\ud55c \uac83\uc5d0 \uc9c0\ub098\uc9c0 \uc54a\uc2b5\ub2c8\ub2e4.<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum \uc7ac\ub2e8\uc758 \ucd5c\uc2e0 ETH \ud310\ub9e4\ub294 \ub9ce\uc740 \ud2b8\ub808\uc774\ub354\ub4e4\uc774 \uc774\ubbf8 \ud574\uacb0\ub41c \uac83\uc73c\ub85c \uc0dd\uac01\ud588\ub358 \ub17c\uc7c1\uc744 \ub2e4\uc2dc \ubd88\ub7ec\uc77c\uc73c\ucf30\uc2b5\ub2c8\ub2e4. 4\uc6d4 8\uc77c, \uc7ac\ub2e8\uc740 CoW Swap\uc758 TWAP \uae30\ub2a5\uc744 \ud1b5\ud574 5,000 ETH\ub97c \uc2a4\ud14c\uc774\ube14\ucf54\uc778\uc73c\ub85c \uc804\ud658\ud558\uaca0\ub2e4\uace0 \ubc1c\ud45c\ud588\uc73c\uba70, \uc774\ub294 \ub300\uaddc\ubaa8 \uac70\ub798\ub97c&hellip;<\/p>\n","protected":false},"author":2,"featured_media":2498,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-2497","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum"],"_links":{"self":[{"href":"https:\/\/bitcoinnewscrypto.com\/ko\/wp-json\/wp\/v2\/posts\/2497","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinnewscrypto.com\/ko\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinnewscrypto.com\/ko\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinnewscrypto.com\/ko\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinnewscrypto.com\/ko\/wp-json\/wp\/v2\/comments?post=2497"}],"version-history":[{"count":1,"href":"https:\/\/bitcoinnewscrypto.com\/ko\/wp-json\/wp\/v2\/posts\/2497\/revisions"}],"predecessor-version":[{"id":2499,"href":"https:\/\/bitcoinnewscrypto.com\/ko\/wp-json\/wp\/v2\/posts\/2497\/revisions\/2499"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinnewscrypto.com\/ko\/wp-json\/wp\/v2\/media\/2498"}],"wp:attachment":[{"href":"https:\/\/bitcoinnewscrypto.com\/ko\/wp-json\/wp\/v2\/media?parent=2497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinnewscrypto.com\/ko\/wp-json\/wp\/v2\/categories?post=2497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinnewscrypto.com\/ko\/wp-json\/wp\/v2\/tags?post=2497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}