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Ethereum holds above $2,700 as co-founder wallet moves $356M in ETH to new address

Technical Signals
01 Oct 2026
Blockonomi
View Source
Neutral
Ethereum holds above $2,700 as co-founder wallet moves $356M in ETH to new address

Ethereum traded near $2,713 on October 1, rising 1.87% and maintaining support above $2,700, a key level in its recent recovery. A wallet linked to Ethereum co-founder Joseph Lubin transferred 133,298 ETH, worth about $356.2 million, to a new address, but not to an exchange, suggesting no immediate sale. Ethereum faces resistance between $2,747 and $2,800, with support at $2,670 and $2,636. U.S. spot Ethereum ETFs attracted nearly $690 million over five sessions through September 25, indicating strong institutional interest. The market awaits potential future moves of the transferred ETH, which could impact price direction.

Ethereum trades at Rp48.394.043 on Pluang as of October 1, 2026, 16:41 WIB, showing a modest 0.92% gain over the day. The platform sees a higher sell order activity at 71%, compared to 29% buy orders, indicating cautious sentiment among traders. Typical holding time for Ethereum on Pluang is 106 days, reflecting a medium-term investment horizon for many users.

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