An Ethereum Foundation-linked wallet sold another 2,000 ETH on November 13, worth approximately $3.87 million. According to on-chain monitoring platform Lookonchain, this was the wallet’s fourth sale since October 26, bringing its total sales to 6,785 ETH. It still holds approximately 11,000 ETH.
Institutional funds also flowed out during the same period: SoSoValue data shows that U.S. spot Ethereum ETFs saw cumulative net outflows of approximately $695.9 million in November, with net outflows on 7 of the 8 trading days. ETH fell below the $2,000 mark on November 13, trading at around $1,933.
$BTC $ETH
Institutional funds also flowed out during the same period: SoSoValue data shows that U.S. spot Ethereum ETFs saw cumulative net outflows of approximately $695.9 million in November, with net outflows on 7 of the 8 trading days. ETH fell below the $2,000 mark on November 13, trading at around $1,933.
$BTC $ETH
