Since April, the Ethereum Foundation has been quietly reducing its bags — 21 outflows worth over $52.8M, with the latest being 1,000 $ETH (~$2.51M). 💸

🤔 Is this just funding dev work — or preparing for turbulence?

Despite the sales, the Foundation still holds 196K+ ETH (~$495M). That’s no small change. But the consistent exits hint at caution… or even a forecasted correction? 📉

Yet the market ain't flinching. Spot Taker CVD (90-day) still shows buy-side aggression — buyers are eating the dip 🍽️. Support near $2,500 looks strong.

👥 IntoTheBlock data:

📈 New ETH addresses: +6.2%

📉 Active addresses: -3.3%

🧾 Zero balance wallets: -8.5%

A tale of fresh interest… but fading long-term engagement. Mixed signals much? ⚖️

Meanwhile, whales 🐋 are trimming (-0.58%) while investors & retail are stepping up (+5.68% & +1.18%). Is this decentralization — or big money exiting stage left? 🎭

🔥 Key Level = $2,550

The liquidation wall is real. A breakout could trigger a short squeeze 🚀. Rejection? Bears will feast 🐻.

July will be a battleground.

Are you riding with the dip buyers or waiting for more blood? ⚔️