#crypto $ETH #ETH Ethereum is down by 2% after the Ethereum Foundation sold 1700 ETH for $2.74 million USDC.
We can see significant price drops in #ETH. Historically whenever the Ethereum Foundation moves ETH itâs always been bearish for the market.
The Ethereum Foundation is a non-profit organization responsible for developing and promoting Ethereum.
Ethereum Foundation converted 1700 ETH into Circle's #USDC #stablecoin via Uniswap.
Currently, ETH is trading at 1590.
#Cryptocurrency #USDC #Ethereum