According to monitoring by Ai Yi, an address linked to the Ethereum Foundation (0x5CB…22059) has sold another 1,000 $ETH . From October 26 to now, this address has sold a total of 7,785 $ETH , worth $16.35 million, at an average price of about $2,100. It still holds 10,000 $ETH on-chain, worth about $19.03 million at the market price when this was disclosed.
These figures directly answer what the address’s selling pace and remaining holdings look like. The 7,785 $ETH weren’t sold off in a single day; they were sold in batches starting October 26, at an average price of $2,100. The remaining 10,000 $ETH are worth about $1,903 per coin, based on their value—a fair bit less than the average price of the coins already sold. In other words, the portion already sold was sold at a higher price, while the portion still on the books is worth less.
For those following $ETH , the point worth watching is that the remaining 10,000 $ETH have yet to be moved. If this address continues selling at a similar pace, more supply from the same source will keep entering the market. But there’s a nearly $200 gap between its average selling price and the current implied price, so these facts alone can’t tell us whether its incentive to keep selling is still the same as before.
What I can confirm is only this: 7,785 $ETH sold in total, at an average price of $2,100, with 10,000 $ETH remaining. The label “linked to the Ethereum Foundation” does not by itself mean the Foundation is officially behind these transactions; on-chain information and institutional decisions are still one step apart. Whether this address moves the remaining 10,000 $ETH next will say more than the 7,785 it has already sold.
These figures directly answer what the address’s selling pace and remaining holdings look like. The 7,785 $ETH weren’t sold off in a single day; they were sold in batches starting October 26, at an average price of $2,100. The remaining 10,000 $ETH are worth about $1,903 per coin, based on their value—a fair bit less than the average price of the coins already sold. In other words, the portion already sold was sold at a higher price, while the portion still on the books is worth less.
For those following $ETH , the point worth watching is that the remaining 10,000 $ETH have yet to be moved. If this address continues selling at a similar pace, more supply from the same source will keep entering the market. But there’s a nearly $200 gap between its average selling price and the current implied price, so these facts alone can’t tell us whether its incentive to keep selling is still the same as before.
What I can confirm is only this: 7,785 $ETH sold in total, at an average price of $2,100, with 10,000 $ETH remaining. The label “linked to the Ethereum Foundation” does not by itself mean the Foundation is officially behind these transactions; on-chain information and institutional decisions are still one step apart. Whether this address moves the remaining 10,000 $ETH next will say more than the 7,785 it has already sold.