The Ethereum Foundation sold 2,000 ETH over two days in November 2026, raising roughly $4 million by converting the proceeds into USDS stablecoins. This sale occurred near a critical price support range of $2,000 to $2,100 per ETH, slightly lower than a previous sale in October. The Foundation aims to maintain a fiat buffer for 2.5 years of expenses and plans to shift toward yield-generating strategies like staking and DeFi to reduce future token sales. While the sale size is modest relative to market liquidity, continued price declines could force more sales unless yield strategies succeed.
Ethereum's market cap stands at Rp4.306,82 trillion as of Nov 13, 2026, 14:21 WIB, with a 24-hour trading volume of Rp279,7 trillion on Pluang. Despite the Ethereum Foundation's recent sale of 2,000 ETH, the token's price on Pluang is down 4.50% at Rp35.428.971, reflecting active trading sentiment where 83% of orders are buys and typical holders keep their positions for about 109 days. This data highlights ongoing investor engagement amid the Foundation's strategic shift towards yield-generating activities.
Bitcoin's market dominance, currently around 61%, is crucial in deciding the near-term performance of altcoins. While Bitcoin gained 16.6% over the past 90 days, only 31 altcoins outperformed it, with a few like Bitway and Quant showing strong gains....
A large investor (whale) withdrew 8,360 Ether (ETH) worth $19.91 million from Binance on November 13, adding to total withdrawals of 25,498.47 ETH valued at $60.74 million since September 21. The average withdrawal price was $2,382.26 per ETH, but th...
Bitcoin plunged to a nearly three-month low of $67,500 on November 12, extending its November losses beyond 11%, driven by heavy sell-offs and market uncertainty following the ouster of Nvidia's CEO. Crypto liquidations surged to $1.62 billion, with ...
The stablecoin market is seeing a shift as Tether (USDT) supply on Ethereum drops nearly 9%, while Tron’s USDT supply falls just over 1%, increasing Tron's share above 52%. This divergence highlights stronger stablecoin liquidity and on-chain activit...
Bitcoin fell below $70,000 to an intraday low of $68,943, causing $622 million in liquidations within four hours, mostly impacting leveraged long traders. The sharp decline was driven by a chain reaction of forced sell-offs, exacerbated by risk-off s...
