Ethereum News: Foundation Wallet Sells ETH Again, ETH Price Drops 4.7%

Ethereum News: ETH Selling, Whale Liquidations and Security Concerns

Ethereum News Today is dominated by selling pressure. On November 13, 2026, the Ethereum price nears $1,951, down about 4.7% over 24 hours. An Ethereum Foundation-linked wallet sold more ETH, large traders were liquidated, and a public company moved to protect its loan. 

A new exploit at Pennysia also put users on alert. This report explains what happened and which on-chain signals matter next.

Ethereum News Today: Key Market Developments at a Glance

Here are the main figures reported on November 13. Whale and wallet data come from Onchain Lens, Lookonchain, and CoinDesk.

Prices are a reported snapshot and may change quickly. Check live data before acting.

Source: CoinGecko Data

Ethereum Foundation Sells Another 2000 ETH 

Onchain Lens reported that a wallet linked to the Ethereum Foundation swapped 2,000 ETH through CoW Swap. It received about 3.87 million USDS, at an average price near $1,935. The address has now sold 4,000 tokens in three days, after roughly 15 days with no such sales.

Lookonchain noted that tokens fell after earlier Foundation-linked sales on October 12, October 26 and November 10. It counts today as the fourth sale. Timing alone does not prove cause, though. Wallet activity does not explain why the Foundation sold, and many factors move the Ethereum price today.

Source: Onchain Lens

BTC Sells ETH at Loss as $64.1M Aave Debt Raises Liquidation Concerns

Nasdaq-listed BTCS told the SEC it sold ETH below its purchase cost. The goal was to keep its collateral ratio healthy on Aave, a lending protocol. Reuters-style context helps here: a lender can force a sale if collateral falls too far.

As of November 9, BTCS owed about $64.1 million, backed by 46,676 tokens worth roughly $99.3 million. That gives a collateral ratio near 155%. CoinDesk estimates that ETH at about $1,717 could trigger liquidation, assuming debt and collateral stay the same. The price is now near $1,950, so the cushion is about 12%.

This is an estimate, not an actual liquidation. BTCS also held only about $463,000 in cash at the end of September, which limits its options.

Pennysia Exploit Raises Ethereum Security Concerns

SlowMist reported that Pennysia’s Ethereum Settlement contract was exploited through an arbitrary external call flaw. The attacker used token approvals that users had granted earlier and never revoked. Assets were moved without user consent.

Security alert:

• Affected contract: 0x3aad97e5a91b8e43b7dc830aceb004307678795e

• Attacker address: 0x813a5ab666adeba907548235fbac087642878300

• Total losses: not yet disclosed

Only users who approved this specific contract are at risk. It is not an issue for all Ethereum users. If you ever approved it, verify the address and revoke the approval through a trusted wallet or approval-management tool.

Source: SlowMist

Ethereum Whales Dump Millions and Other Large Investors Buys

Ethereum whale selling is real, but the picture is mixed. Lookonchain flagged a wallet suspected of hacker links. It received 1,500 coins from Tornado Cash and sold 1,499.5 coins near $1,998, about $3 million.

A larger sale came from whale 0xBE42. Lookonchain said it dumped 16,700 coins, worth about $31 million, at $1,852.45. The same whale reportedly bought 8,631 coins a month earlier near $2,750. Onchain Lens described the same trade and a swap loss of about $1.61 million.

Other investors are buying. Lookonchain said whale 0x4cee bought 10,380 coins and now holds 25,498 coins. Its average cost is $2,382, leaving about $11.3 million in unrealized losses. Onchain Lens also reported a whale withdrawing 28.43K coins (about $61.08 million) from Binance over three months. Wallet labels are analyst estimates, not confirmed identities.

Ethereum Liquidations Increase as Traders Face Mounting Losses

The liquidation pressure added to the drop. Lookonchain reported four whales liquidated for over $10 million each, wiping out $143.89 million in positions across BTC, ETH and SOL. Another whale with over $140 million in BTC and ETH longs lost $17.69 million over two days.

Smart trader 0xe813, who won all 10 earlier trades for $6.32 million in profit, is now down about $7.3 million on an ETH long. Leverage magnifies gains and losses. When prices fall, exchanges close positions automatically, which can push prices lower. Not all selling comes from liquidations, however.

Source: X Posts

Timeline: Major Ethereum Market Developments

Conclusion: What Should Ethereum Investors Watch Next?

Ethereum News Today shows Foundation-linked sales, BTCS collateral stress, the Pennysia exploit, and heavy liquidations all hitting at once. Watch price levels, new Foundation-linked transfers, BTCS collateral health, and further whale moves. Together, they show where market sentiment is heading.

YMYL Disclaimer: Cryptocurrency investments carry significant risk, and prices are highly volatile. This article is for informational purposes only and is not financial or investment advice. Always do your own research.