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Ethereum Foundation wallet sells 2,000 ETH worth $4.16M amid price pressure near $2,000

Market News
11 Nov 2026, 07:44 WIB
Crypto news
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Bearish
Ethereum Foundation wallet sells 2,000 ETH worth $4.16M amid price pressure near $2,000

An Ethereum Foundation-linked wallet sold 2,000 ETH worth approximately $4.16 million over two days via CoW Protocol after a two-week pause. These sales come as Ethereum trades near $2,000, facing technical resistance and potential further losses if support at $1,923 breaks. The wallet's activity highlights ongoing treasury management amid market volatility, while some large investors continue accumulating ETH despite recent price declines. Ethereum's technical indicators currently favor sellers, with key resistance at $2,133 and support at $1,923 influencing near-term price movements.

Ethereum trades at Rp37,407,732 on Pluang as of Nov 11, 2026 13:01 WIB, down 2.69% in one day. Market activity shows a nearly even split with 49% sell and 51% buy orders. The typical hold time on Pluang is 109 days, indicating moderate investor patience amid price fluctuations.

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