🙃 Ethereum has fallen below $2,000, and the Ethereum Foundation is still dumping!
The market is already in bad shape, and now the “official” side is piling on.
Just as ETH slipped below the psychological $2,000 threshold, an address linked to the Ethereum Foundation sold another 2,000 $ETH, cashing out $3.868 million!
Let’s take a look at their “dumping record”:
Since October 26, this address has sold a total of 6,785 ETH on-chain, worth a whopping $14.45 million.
The most infuriating part? This address still has 21,247 ETH on-chain (about $41.1 million). Who knows how long they’ll keep selling?
Retail investors are desperately holding the line at $2,000, while the Foundation keeps offloading. What do you think—how is anyone supposed to trade in this market? 👇
$ETH #ETH
The market is already in bad shape, and now the “official” side is piling on.
Just as ETH slipped below the psychological $2,000 threshold, an address linked to the Ethereum Foundation sold another 2,000 $ETH, cashing out $3.868 million!
Let’s take a look at their “dumping record”:
Since October 26, this address has sold a total of 6,785 ETH on-chain, worth a whopping $14.45 million.
The most infuriating part? This address still has 21,247 ETH on-chain (about $41.1 million). Who knows how long they’ll keep selling?
Retail investors are desperately holding the line at $2,000, while the Foundation keeps offloading. What do you think—how is anyone supposed to trade in this market? 👇
$ETH #ETH
