According to the report from Crypto Patel, the Foundation has sold a whopping 45,000 ETH, valued at $175 million, within the time frame. The crypto community is debating whether the Foundation’s steady outflows from its wallets are due to larger market positioning, ecosystem reinvestments, or operational finance requirements.
At the time of writing, the price of ETH was trading at $3,867, demonstrating a 0.46% in the last 24 hours. Despite the bearish action, investors are exhibiting positive sentiment in ETH, as its trading volume has risen by more than 31% within the same period.
