Early today, the #Ethereum Foundation sold 15,000 ETH.

According to on-chain data, the fund made 16 large withdrawals in total (more than 1k ETH).

🔹 Most of txs occurred in 2017 - 9.

🔹 From the latest txs, some really happened on local highs, especially the previous two before today:

• May 17, 2021 - just before a 50% drop;

• Nov 11, 2021 - the day after reaching the current ATH of $4,878.

❗️ What do we have now?

1️⃣Memecoins hype - historically was the end of the market growth stages.

2️⃣“Sell in May and go away” is an expression that has also become a meme, implying frequent downturns in market activity in the summer.

3️⃣EF, which previously sold more often on local highs.

All these are just statistics, they can help you adjust your strategy, but they will not predict the future.