ETH price up 10% in April, so why is Ethereum Foundation selling?
ETH’s price may drop 15% or more in the coming days as it paints a convincing bearish reversal pattern on its daily chart.
Ether (ETH) has surged more than 10% in April, reaching as high as $2,430 this month amid renewed market optimism.
Yet during the same period, the Ethereum Foundation, a nonprofit overseeing the Ethereum protocol’s development, has continued notable treasury sales.
Key takeaways:
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