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via BeInCrypto · By BeInCrypto Editorial

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

ETH

ETH/USDT

$1,880.81

+0.02%

$1,880.81

+0.02%

(24s)

24h Volume

$1,614,837,583.53

24h H/L

$1,886.58 / $1,877.01

Change: $9.57 (0.51%)

Long/Short

66.9%

Long: 66.9%Short: 33.1%

Funding Rate

+0.0047%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,880.82

▼ -0.10%

Volume (24h): -

Resistance Levels

Resistance 3$2,047.57

Resistance 2$1,932.92

Resistance 1$1,886.51

Price$1,880.82

Support 1$1,853.62

Support 2$1,792.05

Support 3$1,712.62

Pivot (PP):$1,881.75

Trend:Sideways

RSI (14):50.7

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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