Is the EthereumFoundation dumping ETH again? A wallet linked to the EthereumFoundation sold 2,785 ETH ($6.42M) at $2,304 over the past hour.
Lookonchain flagged a wallet linked to the Ethereum Foundation selling 2,785 ETH worth $6.42M at $2,304 within the past hour. The snippet notes a previous suspected sale about two weeks earlier, with ETH down 9% since then. Traders may read repeated foundation sales as added supply pressure.