🚀 #ETHRally – Ethereum Surges Past $4,600!
Ethereum recently broke above $4,600, fueled by strong bullish momentum and an upbeat overall crypto market. 💥
But the excitement took a slight pause when Ethereum Foundation wallets sold nearly 2,800 ETH (~$12.8M) within hours — including 1,100 ETH offloaded in just 5 minutes! ⏱️
While such moves can trigger speculation, the Foundation regularly conducts treasury management to fund operations, grants, and ecosystem growth 🌱. Analysts stress that the sale is tiny compared to Ethereum’s vast liquidity and supply — meaning it’s not a red flag, just business as usual.
Still, in a market where psychology drives price, even routine moves by major players can shift sentiment and influence short-term action. 📊
Bottom line: $ETH remains strong, but all eyes are on whether bulls can maintain momentum in the days ahead.
