The Ethereum Foundation sold 2,000 ETH for about $3.87 million in stablecoins on November 13, marking the fourth sale since October 12. Despite the foundation's sales, much larger outflows from US spot ether ETFs—totaling nearly $696 million in early November—are driving the price decline. Ether fell below $2,000, hitting around $1,937, pressured mainly by ETF outflows and a wave of liquidations in futures trading. The foundation's sales are seen more as a budget-related swap than a market-moving event, with ETF flows playing a bigger role in price direction over the coming days.
The Ethereum Foundation's recent ETH sales and ETF outflows provide context for Pluang's crypto market snapshot. As of Nov 14, 2026 01:41 WIB, among 50 major cryptocurrencies on Pluang, 22 rose and 27 fell. Ethereum (ETH) traded at Rp35,320,626 with a 1-day decline of 3.79%, contrasting with Bitcoin's (BTC) larger 4.16% drop to Rp1,254,154,978 and Synthetix's (SNX) 3.88% gain to Rp2,996. ETH's Pluang order activity shows a slight buy bias at 54%, compared to BTC's 67% buy share and SNX's full 100% sell activity.
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GlobeNewswire released its End of Day Message for November 13, 2026, confirming its role as an FCA-approved primary information provider. The update mainly reiterates its operational status and disclaimers, without reporting any new financial events ...
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