Ethereum Foundation-linked wallet sells more ETH as whale dumps $31M
On-chain data shows a wallet linked to the Ethereum Foundation sold another 2,000 ETH, its fourth sale, and a separate whale dumped 16,700 ETH at a loss near $1,852.
What we know
An on-chain analytics firm reports that an Ethereum Foundation-linked wallet sold another 2,000 ETH ($3.87M), the fourth such sale, with ETH falling 9%, 7.7% and 10.4% after earlier sales on Oct 12, Oct 26 and Nov 10. Separately, a whale sold 16,700 ETH ($31M) at $1,852.45, after buying 8,631 ETH at $2,749 a month earlier.
What people are posting
Posts on X this story draws on. They are individual users' views and have not been verified by Global Eye 24.
“The #EthereumFoundation-linked wallet (0x5CBC) just dumped another 2,000 $ETH($3.87M)!”
View post →“A whale just dumped 16,700 $ETH ($31M) in a single trade at $1,852.45.”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.