Ethereum Foundation Sales Grab Headlines, but the Real ETH Selling Is 87x Bigger

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A wallet linked to the Ethereum Foundation sold 2,000 ETH, worth about $3.87 million, on Friday. The wallet has sold 6,785 ETH since October 26. ETH now trades close to where its mid-August rally began. These sales look small compared with the money flowing out of U.S. spot Ethereum exchange-traded funds, which is 87 times larger.

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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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