Is Ethereum price at risk as Foundation-linked wallet sells more ETH?
AI summary
A wallet linked to the Ethereum Foundation sold another 1,000 ETH worth about $2.03 million, according to Lookonchain, bringing reported sales over the past two days to 2,000 ETH. Foundation-linked selling can weigh on sentiment because traders read it as a possible signal from insiders, though the dollar amounts are small relative to ETH's daily volume. Traders will watch whether the wallet keeps selling and whether ETH holds key support.
