THE ETHEREUM FOUNDATION SOLD 7,500 $ETH IN 4 DAYS 😱📉
Look at what’s happening with $ETH: while the price falls below $1,800, its lowest point in almost 3 months, the Ethereum Foundation itself sold 7,500 ETH in just 4 days, worth around $14.5 million. The latest sale was 2,500 ETH for $4.6 million in USDS, a dollar-pegged stablecoin, according to Onchain Lens’s on-chain monitoring. On Binance, $ETH is around $1,744, down more than 9% in 24 hours.
To me, what stands out isn’t the sale itself, but the timing: selling just as the price hits a low.
Look at the chart of $ETH and tell me: with the foundation selling at lows, is this fear or just routine? #Ethereum
Look at what’s happening with $ETH: while the price falls below $1,800, its lowest point in almost 3 months, the Ethereum Foundation itself sold 7,500 ETH in just 4 days, worth around $14.5 million. The latest sale was 2,500 ETH for $4.6 million in USDS, a dollar-pegged stablecoin, according to Onchain Lens’s on-chain monitoring. On Binance, $ETH is around $1,744, down more than 9% in 24 hours.
To me, what stands out isn’t the sale itself, but the timing: selling just as the price hits a low.
Look at the chart of $ETH and tell me: with the foundation selling at lows, is this fear or just routine? #Ethereum
