POAP founder Patricio Worthalter transferred 4,000 ETH worth about $10.79 million to the Gemini exchange, while still holding nearly 55,000 ETH valued at around $149 million. This transfer does not confirm a sale but indicates movement of ETH to a centralized exchange. Ethereum's price remains steady near $2,730 with bullish momentum indicators, approaching resistance around $2,800. Meanwhile, POAP is winding down operations after five years, providing context for Worthalter's transfer. Ethereum also prepares for the upcoming Glamsterdam upgrade test on Oct. 6, which could impact its network performance in the future.
Ethereum's market cap stands at Rp5.956,19 trillion as of Oct 05, 2026, 16:02 WIB, with a 24-hour trading volume of Rp161,9 trillion on Pluang. The platform shows strong buying interest with 82% of orders as buys and a typical hold time of 107 days, indicating steady investor confidence. Ethereum trades at Rp48.722.138 with a 0.93% gain over the past day, complementing the news of significant ETH movement by the POAP founder.
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