Markets· ★★★· bearish·

Ethereum Foundation-linked wallet sells $17.8M in ETH after a year idle

  • —The wallet had been inactive for about a year before the sale
  • —The transaction totaled $17.8 million in ETH
  • —ETH trades near $2,360, below its EMA20 and EMA50
Why it matters: Sales from foundation-linked wallets add to holder unease as ETH struggles below key technical levels.
Source: Google News (crypto query)