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Ethereum

ETH Foundation Wallet Sells 2,000 Ethereum as ETF Exits Run 87 Times Bigger

Image: Crypto Daily

Three Things to Know An Ethereum Foundation-linked wallet sold more ETH this week, while spot ETF redemptions dwarf its sales. Ether looks deeply oversold on the daily chart, but momentum still favors sellers. The lost $2,000 mark now decides whether any bounce turns into a real recovery. A wallet tied to the Ethereum Foundation kept selling ether this week, splitting its latest sale into two quick orders on CoW Swap. The bigger drain comes from US spot ETFs, where investors have pulled money in almost every November session. That steady fund selling has pushed ether to multi-month lows. Traders now want to know whether an oversold market can bounce while redemptions keep arriving.

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