According to @EmberCN, Argot Collective, a non-profit development organization that received 7,000 ETH in operational funding from the Ethereum Foundation, has continued to sell its holdings. The organization recently sold an additional 1,210 ETH for 4.09 million USDC. This transaction is part of a larger sell-off that began on July 11, during which Argot Collective has converted a total of 3,626.6 ETH into 11.2 million USDC at an average price of $3,089. This consistent selling by a foundation-funded entity could be interpreted by traders as an increase in selling pressure on the ETH market.

According to @EmberCN, the Argot Collective, a non-profit development organization that received 7,000 ETH in operational funding from the Ethereum Foundation, has continued to sell its holdings. The organization recently sold another 1,206.6 ETH for 3.61 million USDC. Over the past day, Argot Collective has sold a total of 2,416.6 ETH for 7.106 million USDC, achieving an average sale price of $2,941 per ETH. This consistent selling activity from a foundation-funded entity could contribute to increased selling pressure on the Ethereum (ETH) market.

According to Ai 姨 (@ai_9684xtpa), a major Ethereum whale—known for participating in the ETH ICO with an initial holding of 1 million ETH—transferred 996 ETH (approximately $2.45 million) to OKX two hours ago. Since the end of May, this whale has reportedly sold 6,863 ETH (about $17.73 million), reducing their current holdings to 46,756 ETH, valued at $115 million. With an original cost basis of just $0.31 per ETH, any substantial movement from this whale is closely watched by traders for potential market impact. The recent deposit signals possible further selling pressure on ETH, which may influence short-term price action and liquidity on exchanges like OKX. (Source: @ai_9684xtpa via Twitter, intel.arkm.com)

According to The Data Nerd, whale address 0xaDd deposited 3,000 ETH (approximately $5.53 million) into Kraken just 10 minutes ago, with these coins originally acquired during the Ethereum ICO and held dormant for three years prior to this significant move (Source: @OnchainDataNerd on Twitter, May 2, 2025). The whale still retains 2,000 ETH (about $3.69 million) in the same wallet, suggesting potential future movements. This large-scale deposit could increase short-term selling pressure on Ethereum, and traders should closely monitor Kraken inflows and the remaining whale balance for further price action signals.

According to Ai 姨 (@ai_9684xtpa) on Twitter, a wallet suspected to belong to Distributed Capital's legal counsel Roland Sun transferred 1998 ETH (approximately $3.61 million) to Binance in the past 17 hours. If sold at current market prices, this would result in a realized loss of $842,000. The same address previously withdrew 4600 ETH from Bybit at an average price of $2229 about two months ago. As of now, the wallet still holds 4129 ETH, valued at $7.49 million. This activity may signal increased selling pressure on Ethereum if additional holdings are moved to exchanges (Source: @ai_9684xtpa, April 26, 2025).