Ethereum (ETH) Value Dips: Major Investor Reportedly Liquidates Holdings

• The cryptocurrency market has seen a significant downturn this week, with Ethereum (ETH) experiencing a substantial drop of over 9.6%.
• A suspected Ethereum Foundation address reportedly sold 100 ETH for 291,267 DAI via the Cow Protocol, drawing attention amidst the market turbulence.
• This event has sparked speculation regarding its potential impact on Ethereum’s future trajectory.

Amidst a turbulent week for Ethereum (ETH), a suspected Ethereum Foundation address offloads a significant amount of ETH, sparking speculation about the future of the cryptocurrency.

Ethereum faces significant downturn

Ethereum (ETH) has faced a substantial drop of over 9.6% since the week began, marking its lowest values since mid-February. Currently priced at $2,950 per ETH, Tuesday saw the bulk of this decline, culminating in a weekly low of $2,817.

Suspected Ethereum Foundation address offloads ETH

Amid this turbulence, attention has been drawn to a suspected Ethereum Foundation ... Read the full article for FREE at COINOTAG!