In the last two hours, a wallet associated with #EthereumFoundation (address: 0xF39d) sold 1,695 ETH for 7.72 million DAI at a price of $4,556.
It is worth noting that this wallet had received 20,756 ETH (currently worth about $95.5 million) from the main foundation wallet 'EF 1' in 2017.
💭 A sale of this size from an entity linked to the foundation may raise questions about the intentions of some whales or institutions to take profits, which could lead to a potential price correction if followed by further sales.
🔍 Is it just a portfolio rebalancing… or an early signal of an impending decline?
Wallet address for tracking
0xF39d30Fa570db7940e5b3A3e42694665A1449E4B
