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no one’s talking about this: Ethereum Foundation’s wallet moves 7,294 ETH… bears vs. bulls showdown at a major resistance level
wait do u think the Ethereum Foundation is playing 4D chess with these moves or just securing some gains 🤔 what’s your take on this
Pattern: Ethereum Foundation wallet activity reveals strategic profit-taking behavior.
Insight: Diverging analyst sentiments indicate uncertainty over Ethereum’s immediate trajectory, influenced
Ethereum’s recent surge has sparked debates among analysts, some predicting a correction while others anticipate a breakthrough. Data shows the Ethereum Foundation’s wallet selling 7,294 ETH, signaling profit-taking near a major resistance level. Despite this, bullish sentiment persists, supported by institutional interest. The market awaits to see if Ethereum will correct healthily or surge to new heights. 📈
Notable Ethereum price actions have been linked to a strategic wallet, indicating smart money moves. This wallet bought 33,678 ETH in 2022 at $1,193 and recently sold over 7,000 ETH at around $4,500. These transactions reflect differing opinions on Ethereum’s current cycle and future prospects amid market volatility. 🤔
The Wallet of the Ethereum Foundation sells more than 7,000 ETH: Smart Money Fecus Profits?
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