Ethereum Foundation-Linked Wallet Sold 5,000 Ether Over Five Days
Summary
- A wallet linked to the Ethereum Foundation sold 5,000 Ether over five days for about $9.92 million.
- The wallet has sold a total of 7,785 Ether for about $16.35 million since Oct. 26, and currently holds 10,000 Ether.
- Ether was trading at $1,906 as of 7 p.m., down 2.29% from a day earlier and 15% from a week earlier.
Forecast Trend Report by Period
A wallet linked to the Ethereum Foundation sold about $10 million worth of Ether over the past five days.
Bitcoin.com reported on Nov. 14 that the wallet, which is tied to the Ethereum Foundation and begins with the address 0x5CBC, sold a total of 5,000 Ether from Nov. 10 through Nov. 14. The sales amounted to about $9.92 million, at an average price of $1,983.5 per token.
The wallet sold another 1,000 Ether worth about $1.9 million on Nov. 14.
Sales from Ethereum Foundation-linked wallets have continued since last month. Since Oct. 26, the wallet has sold a total of 7,785 Ether worth about $16.35 million. It still holds 10,000 Ether, valued at about $19 million.
As of 7 p.m., Ether was trading at $1,906, down 2.29% from a day earlier, according to CoinMarketCap. It has fallen 15% from a week earlier.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.