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Ethereum Foundation-Linked Wallet is Selling ETH Again
A wallet linked to the Ethereum Foundation (@ethereumfndn) has sold another 1,000 $ETH worth $2.13 million, per Lookonchain.
The sale comes after a two-week pause. The wallet previously sold 2,785 ETH on October 26.
ETH has fallen about 8% since the wallet's previous reported sale.
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Ethereum ETF Daily Flow - US$
Blackrock ($ETHB): -22 million
Ethereum ETF Daily Flow - US$
Blackrock ($ETHA): -75.2 million
Ethereum ETF Daily Flow - US$
Invesco ($QETH): 0 million
Ethereum ETF Daily Flow - US$
Franklin ($EZET): 0 million
Ethereum staking demand continues to fall.
At time of writing, there is 1,036,882 $ETH, worth over $2.3B, waiting to be staked on @Ethereum mainnet.
The number is large, but just six months ago, it stood at 3,737,802 $ETH, the figure having fallen consistently ever since.
With $ETH's staking ratio standing now at around 36%, is there still room for more?
Data: ValidatorQueue[.]com
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Ethereum ETF Daily Flow - US$
VanEck ($ETHV): 0 million
Ethereum ETF Daily Flow - US$
Fidelity ($FETH): -2.2 million
Ethereum ETF Daily Flow - US$
Bitwise ($ETHW): 0 million
ETHEREUM IS RIPPING.
ETH is up 6% and back above $2,400.
Trade it here:
