BREAKING
222d 3h ago

Ethereum Foundation Transfers 1,000 ETH Amidst Accumulated 11,000 ETH Holdings with No Further Activity

ETH

ETH/USDT

$2,113.64
-7.22%
24h Volume

$37,939,871,804.04

24h H/L

$2,293.99 / $2,068.20

Change: $225.79 (10.92%)

Long/Short
79.4%
Long: 79.4%Short: 20.6%
Funding Rate

+0.0040%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,087.22

-2.84%

Volume (24h): -

Resistance Levels
Resistance 3$2,820.15
Resistance 2$2,294.17
Resistance 1$2,149.26
Price$2,087.22
Support 1$2,068.20
Support 2$1,940.12
Support 3$1,532.78
Pivot (PP):$2,109.73
Trend:Downtrend
RSI (14):22.5

According to recent data from on-chain analyst Wu Jinyu, the Ethereum Foundation executed a transfer of 1,000 ETH approximately eight hours ago. This transaction is part of a larger pattern, with the recipient address accumulating a total of 11,000 ETH over the last month. Notably, there has been no subsequent activity such as redistribution, liquidation, or engagement in decentralized finance (DeFi) protocols. This inactivity suggests a strategic holding approach by the Foundation amid current market conditions. Monitoring such substantial movements is crucial for investors and market participants aiming to understand institutional behavior within the Ethereum ecosystem.

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