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Ether Price Dips Below $2K as Ethereum Foundation Dumps 5000 ETH in 5 Day

News.Bitcoin.com
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Ether Price Dips Below $2K as Ethereum Foundation Dumps 5000 ETH in 5 Day

A wallet linked to the Ethereum Foundation sold another 1,000 ETH on Saturday, taking its five-day total to 5,000 ETH, or about $9.92 million, as ether sank as low as $1,900. Another 1,000 ETH Swapped for Stablecoins The Ethereum Foundation is still holding strong in its pattern of offloading ETH, with onchain sleuths reporting earlier […]

Key Takeaways

  1. A wallet linked to the Ethereum Foundation sold another 1,000 ETH on Saturday, taking its five-day total to 5,000 ETH, or about $9.92 million, as ether sank as low as $1,900.
  2. Another 1,000 ETH Swapped for Stablecoins The Ethereum Foundation is still holding strong in its pattern of offloading ETH, with onchain sleuths reporting earlier […]
  3. Read the full article for additional context and details.
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.