Ethereum Price Prediction: $11 Million ETH Foundation Transfer Raises Questions

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Two wallets linked to early Ethereum Foundation distributions sent 4,393 ETH, worth approximately $11.1 million, to the Kraken exchange. These funds trace back roughly a decade, when ETH traded near $0.90. Ethereum bounced back toward $2,550, up more than 2% over 24 hours, in a market still recovering from liquidations totaling approximately $101.9 million on October 11. The key pivot level stands at $2,500 with immediate resistance at $2,600. An exchange deposit serves as a signal to monitor, but does not automatically confirm a sale.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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