Ethereum Foundation: Wallet Sells 1000 ETH for $2.13M
Lookonchain reports an Ethereum Foundation-linked wallet sold 1000 ETH worth $2.13 million after a two-week pause, with ETH falling another 7.7% since the prior sale.
SourceAnalysis
@lookonchain flagged an Ethereum Foundation-linked wallet dumping 1000 $ETH ($2.13M) one hour ago after a two-week hiatus, extending the 7.7% decline since the last transfer.
Price sits at $2123.7 below both the EMA50 at $2235.14 and EMA200 at $2381.12 in a clear bearish structure, with the MACD locked in a death cross at -40.42; the token trades inside the Bollinger bands and now tests the lower band support at $2078.62, where any further Foundation flows could accelerate the move toward that level before any relief bounce materializes.
Lookonchain
@lookonchainLooking for smartmoney onchain