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Coin Edition 2025-07-07 11:30:15

Ethereum Foundation’s Aggressive Moves Raise Eyebrows as Market Eyes $2,700 Resistance

Ethereum Foundation’s Aggressive Moves Raise Eyebrows as Market Eyes $2,700 Resistance

Ethereum Foundation’s steady ETH outflows total $52.82M since April 2025. ETH faces critical resistance near $2,700 amid a rising wedge bearish pattern. Strong trading volume and rising open interest signal growing market optimism. The Ethereum Foundation is drawing attention again with notable movements of its ETH holdings. According to data from CryptoQuant, nearly 1,000 ETH valued at approximately $2.51 million was recently transferred from Foundation wallets. This transaction is the 21st such outflow since April, pushing the total ETH moved during this period to about $52.82 million. Despite this pattern of activity, the Ethereum Foundation still holds a substantial balance of 196,770 ETH, worth nearly $495 million at current prices. These developments raise questions about institutional strategies and their possible impact on market sentiment. ETH Foundation is on the Move “This latest transaction marks the 21st outflow since April, bringing the total ETH moved during this period to approximately $52.82 million.” – By @JA_Maartun Full analysis https://t.co/XeXJh4nEDN pic.twitter.com/BqidFPVRks — CryptoQuant.com (@cryptoquant_com) July 7, 2025 … The post Ethereum Foundation’s Aggressive Moves Raise Eyebrows as Market Eyes $2,700 Resistance appeared first on Coin Edition .

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