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Ethereum price holds above $2,700 despite large 133,298 ETH wallet transfer linked to co-founder Joseph Lubin.

Market News
01 Oct 2026
Crypto news
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Neutral
Ethereum price holds above $2,700 despite large 133,298 ETH wallet transfer linked to co-founder Joseph Lubin.

A wallet linked to Ethereum co-founder Joseph Lubin moved 133,298 ETH (about $356 million) to a new address, but not to an exchange, so no immediate selling pressure is evident. Ethereum price remains above $2,700, supported by positive buying signals and institutional demand from U.S. spot ETFs, despite recent resistance near $2,800. Technical indicators suggest buyers still hold an advantage, with key resistance at $2,749 to $2,800 and potential targets at $2,900 and $3,000 if a breakout occurs. The large transfer's impact depends on whether the ETH moves to exchanges later, but for now, the market shows resilience and positive momentum.

Ethereum trades at Rp48,697,884 on Pluang as of Oct 01, 2026 13:11 WIB, showing a 2.05% gain in the last day. The platform records a market cap of Rp5.949,01 trillion and a 24-hour trading volume of Rp256,52 trillion. Despite 71% of orders being sell orders, the typical hold time on Pluang is 106 days, indicating sustained investor interest.

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