Is Ethereum price at risk as Foundation-linked wallet sells more ETH?

A wallet linked to the Ethereum Foundation has sold another 1,000 ETH worth approximately $2.03 million, bringing its reported sales over the past two days to 2,000 ETH. An Ethereum Foundation-linked wallet sold another 1,000 ETH worth approximately $2.03 million through CoW Protocol, receiving around 2.025 million USDS. The wallet has sold 2,000 ETH worth roughly $4.16 million over two consecutive days after resuming transactions following a two week pause. The same address previously sold 2,785 ETH worth $6.42 million on October 26, bringing its reported sales across the three dates to 4,785 ETH. Ethereum continued trading near $2,000 as technical indicators favored sellers, with the RSI approaching oversold territory and immediate resistance standing at $2,133.

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