Ethereum Foundation makes $13.3m ETH transfer, prompting market speculation.
A wallet reportedly linked to the Ethereum Foundation has liquidated $13.3 million in ETH, raising eyebrows and sparking conversations about a possible price decline.
The Ethereum Foundation‘s decision to liquidate $13 million worth of Ethereum (ETH) has left investors contemplating the transaction’s potential impact on the price of the world’s second-largest cryptocurrency by market capitalization.
Traditionally, the foundation’s actions are considered precursors to market shifts, triggering concerns about a potential decline. Despite this, Ethereum displays bullish signals as the charts look today.
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