📌What is happening with #Ethereum ?

A few hours ago the price of ETH has been suffering a decline which took it from $1,621 to the current $1,583 dollars, which means a drop of -2.3%. This may also be affected by a small drop in #Bitcoin .

However, it caught the attention of several users that during that interim of the ETH price correcting, it came to light according to on-chain data that the Ethereum Foundation had carried out a sale action, the reason for this act being unknown.

Through a DEX like Uniswap, the Ethereum Foundation has sold 1,700 ETH worth approximately $2.76 million, which had a direct impact on the price immediately, as can be seen in the Tradingview charts.

Will we see more #ETH sales coming?

#crypto2023

$ETH