• Ethereum Foundation’s 1,050 ETH sale in September signals strategic market timing.

• ETH price holds firm at $2,593 support, with potential resistance at $2,700 ahead.

• Bullish signals emerge as MACD rises and RSI remains neutral for further momentum.

The Ethereum Foundation has once again sold a significant amount of ETH, this time 100 ETH at $2,645, according to PANews data. This brings the total Ethereum (ETH) sold by the Foundation to 1,050 ETH in September alone, valued at roughly $2.53 million.

These sales took place at prices between $2,301 and $2,645, suggesting a strategic selling approach during Ethereum’s price swings. These transactions raise questions about their potential impact on the market, especially as ETH shows signs of recovery.

以太坊基金会再次出售100枚ETH，九月已累计出售1050枚ETH $ETH

据链上分析师@ai_9684xtpa监测，以太坊基金会以2,645美元的价格再次卖出100枚ETH，价值26万美元。九月以来基金会已累计出售1050枚ETH，总价值253万美元，最低卖出价格2301美元，最高2645美元。#EF https://t.co/MGicM3riVu

— PANews (@PANewsCN) September 23, 2024

Ethereum Price Tr…

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