Latest Update
2026-11-10 17:46 UTC

Ethereum Foundation: Wallet Dumps 1,000 ETH

Ethereum Foundation: Wallet Dumps 1,000 ETH

Lookonchain reports an Ethereum Foundation-linked wallet 0x5CBC sold 1,000 ETH for $2.03 million nine hours ago following a two-week pause.

Source

Analysis

Ethereum Foundation-linked wallet 0x5CBC sold another 1,000 ETH ($2.03M) nine hours ago, Lookonchain flagged, after a prior 1,000 ETH ($2.13M) sale two weeks earlier that coincided with a 7.7% price drop.

ETH trades at $2051.94 inside the Bollinger band with upper resistance at $2288.07 and lower support at $1994.03 while the bearish EMA50 at $2198.08 and EMA200 at $2363.19 cap upside and the MACD death cross at -52.56 keeps momentum negative despite neutral RSI at 30.85.

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