Report of an additional sale of 1,000 Ethereum… tracking firm classifies it as an address linked to the foundation
Original headline이더리움 1000개 추가 매도 보고…추적업체는 재단 연계 주소로 분류
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
A wallet labeled by Lookonchain as linked to the Ethereum Foundation sold 1,000 ETH for roughly $2.03 million, with Onchain Lens recording the swap on CoW Swap for about 2.025 million USDS. Lookonchain flagged the address starting 0x5CBC as foundation-affiliated, though the foundation has not officially confirmed ownership or that it ordered the trade. Onchain Lens tallies 2,000 ETH sold over the past two days across the tracked activity. The sales matter because they add to a visible stream of ETH movement from an address the market associates with the foundation, a signal traders monitor for treasury or operational selling. What to watch next is whether the foundation confirms the wallet and whether further transfers from the same address extend the selling streak.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Ethereum (ETH), Ethereum Foundation, Lookonchain, Onchain Lens, CoW Swap
A linked name opens that asset's sentiment page.