Billionaire tech investor Peter Thiel’s Founders Fund announced in its 13G amendment filed with the U.S. Securities and Exchange Commission (SEC) on February 17 that it has completely exited Ether treasury company ETHZilla. The fund had previously reported a 7.5% stake (11,592,241 shares, approximately $40 million) on August 4, 2025.
Peter Thiel’s Exit from ETHZilla: Tokenized Jet Engine-Focused Strategy
ETHZilla, formerly known as 180 Life Sciences, raised $425 million in July 2025 to launch an Ether treasury strategy. In September, it increased its ETH holdings to over 100,000 Ether with $350 million in convertible bonds. During the market downturn, it sold 24,291 ETH for $74.5 million in December 2025, reducing its balance to approximately 69,800 ETH. The company diversified by offering tokenized access to jet engines through its ETHZilla Aerospace subsidiary. According to recent news, Peter Thiel is exiting ETHZilla due to this $ETHZ tokenized jet engine-focused situation. Meanwhile, BitMine Immersion reached 4.325 million ETH, while Trend Research sold 651,757 ETH for $1.34 billion, incurring a $747 million loss.
ETH Technical Analysis: Current Price and Key Levels
ETH price at 2.019,71 USD level, 24-hour change +%2,05. RSI 36,29 in oversold territory, overall trend bearish (Supertrend Bearish). EMA 20: 2.185,65.
- Supports: S1 1.940,22 (Strong, %72 score, -%3,94 distance)
- S2 1.826,83 (Strong, %69 score, -%9,55 distance)
- Resistances: R1 2.477,12 (Strong, %65 score, +%22,65 distance)
- R2 2.233,72 (Strong, %64 score, +%10,60 distance)
BlackRock’s application for a new staked Ethereum ETF, which will take 18% of staking fees, could increase ETH demand. For detailed review, visit our ETH detailed analysis and ETH futures pages.
Frequently Asked Questions About ETHZilla and ETH
Why did Founders Fund exit ETHZilla?
Peter Thiel’s fund closed its position due to risks in the tokenized jet engine strategy.
What is ETHZilla’s ETH balance?
Approximately 69,800 ETH, after the sale.
What is the critical support for ETH price?
1.940 USD level is strong support (%72 score).
Source: https://en.coinotag.com/peter-thiels-founders-fund-withdraws-from-ethzilla
