Ethereum Foundation: Sells 1000 ETH for $2.13M

Ethereum Foundation sold another 1000 ETH worth 2.13 million dollars through Cowswap, following the October 26 sale of 2785 ETH at 2306 dollars when prices have now slipped to 2131 dollars.

The same address retains over 24000 ETH valued near 51.46 million dollars. Price action at 2127 dollars sits inside Bollinger bands with upper resistance at 2310 dollars and lower support at 2079 dollars while EMA50 at 2235 dollars and EMA200 at 2381 dollars cap upside; RSI at 34.95 reads neutral and MACD death cross at negative 40.13 reinforces bearish structure, pointing to a likely test of lower band support before any attempt to reclaim the 50-EMA.