Ethereum Foundation Sales Grab Headlines, but the Real ETH Selling Is 87x Bigger

Your call?🐂 Bullish🐻 Bearish

$ETH

$1,978

-1.6%

A wallet linked to the Ethereum Foundation sold 2,000 Ethereum (ETH), worth about $3.87 million, on Friday. The wallet has now sold 6,785 ETH since October 26. ETH now trades close to where its mid-August rally began. Yet the wallet’s…