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Ethereum Foundation sells 5,000 ETH in 5 days — just as ETH breaks below $2,000.

The facts: a wallet linked to the Ethereum Foundation (0x5CBC) sold its final 1,000 ETH, worth around $1.9 million, through CoWSwap for USDS. Total from Nov. 10–14: 5,000 ETH worth around $9.92 million, at an average exit price of $1,983.5. The Foundation also moved 7.79 million USDS to a Safe multisig wallet. That wallet still holds around 10,000 ETH (about $19 million). Sources: Bitcoin.com, Nov. 14; Blockchain.News/Lookonchain, Nov. 13; Odaily and TokenPost, Nov. 14.

My take: what’s driving the buzz isn’t the amount — $9.92 million is small compared with ETH’s daily trading volume — but the timing: the Foundation sold its own tokens just as ETH broke below $2,000 (now $1,887.98; 15-minute candle closes at 20:15 WIB). Previous Foundation sales (Oct. 12, Oct. 26, Nov. 10) were followed by ETH declines of 7.7–10.4 percent, but that’s correlation, not proof of causation: the Foundation regularly sells to fund operations and research. So this isn’t a sell signal — just added sentiment pressure in a week that was already tough.

What I’m watching next: whether wallet 0x5CBC keeps selling (it still holds around 10,000 ETH), the $1,875 level as the 24-hour low, and ETH ETF flows when the U.S. market opens Monday — plus Tuesday night’s Retail Sales report, which could shift bets on Fed interest rates.

Do you think Foundation sales like this are worth watching out for, or are they just routine treasury management that happens to land in a down week?

This is my analysis, not financial advice — always DYOR.

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