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via BeInCrypto · By BeInCrypto Editorial

Joseph Lubin’s $122 Million Move Sparks Sell-Off Fears for Ethereum

ETH

ETH/USDT

$2,687.36

-0.89%

$2,687.36

-0.89%

(24s)

24h Volume

$9,748,495,069.17

24h H/L

$2,743.00 / $2,668.84

Change: $74.16 (2.78%)

Long/Short

61.0%

Long: 61.0%Short: 39.0%

Funding Rate

-0.0004%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,682.12

▼ -0.35%

Volume (24h): -

Resistance Levels

Resistance 3$3,143.74

Resistance 2$2,778.89

Resistance 1$2,700.65

Price$2,682.12

Support 1$2,681.00

Support 2$2,567.35

Support 3$2,314.75

Pivot (PP):$2,700.65

Trend:Uptrend

RSI (14):62.6

BeInCrypto Editorial

(10:49 AM UTC)

1 min read

Reviewed byEmily Watson

0 comments

Ethereum co-founder Joseph Lubin moved 80,001 ETH worth roughly $122 million from a wallet that sat untouched for more than three years, reviving fears of founder selling as the token slid toward $1,500.

The transfer drew attention because dormant founder wallets rarely move during market stress. On-chain trackers later showed the ether never reached an exchange, complicating the sell pressure…

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BeInCrypto Editorial · BeInCrypto

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