Ethereum Foundation sells more ETH as price falls below $2,000: What’s next?

cryptonews11-13 17:33

Ethereum’s price has fallen below $2,000 as a wallet identified by blockchain analysts as linked to the Ethereum Foundation sold another 2,000 ETH worth approximately $3.87 million, while other large ...

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The latest decline followed a period in which Ethereum repeatedly struggled to hold the $2,000 level. On November 12, ETH briefly slipped below $2,000, reaching $1,980 before recovering. Friday’s trading took the price below that level again, with the token moving through the $1,900s.The #EthereumFoundation-linked wallet  just dumped another 2,000 $ETH!Every time #EthereumFoundation-linked wallet","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"ETHU":"2倍以太币期货ETF-Volatility Shares","CBOA":"Calamos Bitcoin Structured Alt Protection ETF - April","BTF":"比特币&以太币期货ETF-CoinShares","SBIT":"2倍做空比特币期货ETF-Proshares","ETHV":"以太坊ETF-VanEck","BKCH":"AdvisorShares Sabretooth ETF","ARKY":"ARK Active Autocallable Income ETF","EETH":"以太币期货ETF-ProShares","ETH":"低成本以太坊ETF-Grayscale","09009":"博时以太币-U","ETHW":"以太坊ETF-Bitwise","BITW":"Bitwise 10 Crypto Index ETF","AETH":"以太坊策略ETF-Bitwise","ETHA":"以太坊ETF-iShares","ETQ":"T-Rex 2X Inverse Ether Daily Target ETF","03179":"嘉实以太币","CETH":"以太坊ETF-21Shares","YETH":"Roundhill Ether Covered Call Strategy ETF","NCIQ":"HASHDEX NASDAQ CRYPTO INDEX US ETF","FETH":"以太币ETF-Fidelity","BETE":"等权重比特币&以太币期货ETF-ProShares","LFGY":"YieldMax Crypto Industry and Tech Portfolio Option Income ETF","ETHD":"ProShares UltraShort Ether ETF","ETU":"T-Rex 2X Long Ether Daily Target ETF","SETH":"1倍做空以太币期货ETF-Proshares","GDLC":"Grayscale CoinDesk Crypto 5 ETF","BETH":"比特币&以太币期货ETF-ProShares","09179":"嘉实以太币-U","EZET":"以太坊ETF-Franklin","STCE":"Schwab Crypto Thematic ETF","ETHE":"最大以太坊ETF-Grayscale","03046":"华夏以太币","CRPT":"First Trust SkyBridge Crypto Industry and Digital Economy ETF","ETHI":"Defiance Leveraged Long Income Ethereum ETF","BEGS":"RAREVIEW 2X BULL CRYPTOCURRENCY & PRECIOUS METALS ETF","ETCO":"Grayscale Ethereum HIGH Income ETF","YBTC":"比特币看涨期权ETF-Roundhill","03009":"博时以太币","BTCZ":"T-Rex 2X Inverse Bitcoin Daily Target ETF","CBXJ":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - January","BITO":"比特币期货ETF-ProShares","09046":"华夏以太币-U","ETTY":"Amplify Ethereum 3% Monthly Option Income Etf","BITQ":"Bitwise Crypto Industry Innovators ETF","QETH":"以太坊ETF-Invesco Galaxy","ETHT":"ProShares Ultra Ether ETF","CBXO":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - October"},"translate_title":"以太币基金会出售更多 ETH，价格跌破 2000 美元： 下一步是什么？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ETHV":1.5,"ETHA":1.5,"CBXO":0.6,"QETH":1.5,"ARKY":1.5,"BEGS":1.5,"METHmain":1.5,"ETCO":0.6,"AETH":1.5,"CBOA":0.6,"ETTY":1.5,"09179":1.5,"BITO":0.6,"YETH":1.5,"BTF":1.5,"FETH":1.5,"YBTC":0.6,"03009":0.9,"GDLC":1.5,"LFGY":1.5,"09046":1.5,"BITQ":1.5,"ETU":1.5,"ETHT":1.5,"EETH":1.5,"ETQ":0.6,"EZET":1.5,"ETHU":1.5,"STCE":1.5,"ETH":1.5,"SBIT":0.6,"09009":1.5,"BTCZ":0.6,"CRPT":1.5,"ETHE":1.5,"03179":0.9,"SETH":0.6,"BKCH":1.5,"03046":0.9,"ETHD":1.5,"NCIQ":1.5,"ETHI":0.6,"ETHW":1.5,"BETE":1.5,"BETH":1.5,"BITW":1.5,"CBXJ":0.6,"CETH":1.5},"content_text":"Ethereum’s price has fallen below $2,000 as a wallet identified by blockchain analysts as linked to the Ethereum Foundation sold another 2,000 ETH worth approximately $3.87 million, while other large holders made opposing trades.\n\n\nSummary\n\n\n\nEthereum price fell below $2,000, trading near $1,938 as the cryptocurrency lost approximately 5.3% in 24 hours.\nLookonchain identified an Ethereum Foundation-linked wallet selling another 2,000 ETH worth approximately $3.87 million.\nOnchain Lens reported that a whale swapped 16,700 ETH and received $30.94 million in USDT.\nAnother Ethereum whale bought 10,380 ETH worth $19.91 million despite holding $11.3 million in unrealized losses.\nCoinGlass recorded approximately $288 million in ETH liquidations, with long positions accounting for nearly 90%.\n\n\n\ncrypto.news price data showed ETH trading near $1,940 at the time of reporting, down approximately 5% in 24 hours. The cryptocurrency had reached $2,050 during the preceding day before touching roughly $1,905. Bitcoin was trading below $69,000 as the cryptocurrency market declined, leaving ETH down nearly 13% over seven days.\nEthereum price drops below $2,000 as liquidations mount\nThe latest decline followed a period in which Ethereum repeatedly struggled to hold the $2,000 level. On November 12, ETH briefly slipped below $2,000, reaching $1,980 before recovering. Friday’s trading took the price below that level again, with the token moving through the $1,900s.\nCoinGlass recorded approximately $288 million in Ethereum futures liquidations over 24 hours, including around $259 million in long positions. Nearly 90% of the liquidated value came from traders betting on higher prices. Liquidations occur when exchanges close leveraged positions after traders can no longer meet margin requirements.\nUS spot Ethereum exchange-traded funds have experienced withdrawals as well. Farside Investors recorded $144.8 million in net outflows on November 11, including $129.8 million from BlackRock’s ETHA. Preliminary November 12 data showed another $8 million leaving the funds.\nThe Bureau of Labor Statistics reported a 0.4% increase in US consumer prices for October, in figures released November 10. Prices excluding food and energy rose 0.3% over the month, keeping inflation and Federal Reserve interest-rate expectations in focus.\nEthereum Foundation-linked wallet sells another 2,000 ETH\nBlockchain tracker Lookonchain identified an address beginning 0x5CBC as the seller of another 2,000 ETH, valued at approximately $3.87 million. Onchain Lens separately reported that the wallet exchanged the ETH for approximately 3.87 million USDS through CoWSwap.\n\nThe #EthereumFoundation-linked wallet (0x5CBC) just dumped another 2,000 $ETH($3.87M)!Every time #EthereumFoundation-linked wallets dump $ETH, the price drops.Oct 12: $ETH down 9%.Oct 26: $ETH down 7.7%.Nov 10: $ETH down 10.4%.Today marks the 4th sale. How much further… pic.twitter.com/NICa6RGPdT— Lookonchain (@lookonchain) November 13, 2026\n\nBoth analytics firms described the address as connected to the Ethereum Foundation. Lookonchain called it the fourth sale it had tracked involving Foundation-linked addresses during the recent decline, citing activity on October 12, October 26 and November 10.\nThe latest transaction followed other sales from the same wallet. An earlier report on the transfers documented a 1,000 ETH sale worth $2.03 million on November 11, following another 1,000 ETH disposal the previous day. Onchain Lens puts the wallet’s total sales over those three days at 4,000 ETH.\nThe November 10 sale occurred after a two-week pause in the wallet’s activity. Before those transactions, the same address had sold 2,785 ETH worth approximately $6.42 million on October 26, according to the previous blockchain tracking data.\nEthereum whale swaps 16,700 ETH as another wallet sells\nA separate large investor made a much bigger disposal during the downturn. Onchain Lens reported that the address withdrew approximately 8,876 ETH from Aave and swapped 16,700 ETH through CoWSwap, receiving $30.94 million in USDT.\n\nWHALE DUMPS $32.55M IN ETH, RECEIVES JUST $30.94MA whale withdrew ~8,876 $ETH from Aave and swapped 16.7K ETH for USDT via CoWSwap, taking a ~$1.61M hit on the swap.A month ago, the same whale bought 8,631 ETH (~$23.67M) at an average price of $2,743. pic.twitter.com/Nj4w6dIGaq— Onchain Lens (@OnchainLens) November 13, 2026\n\nThe tracker valued the ETH involved at approximately $32.55 million before the exchange, putting the difference between that valuation and the proceeds at around $1.61 million. It said the same investor purchased 8,631 ETH for approximately $23.67 million a month before, at an average price of $2,743 per token.\nAnother wallet that received 1,500 ETH from Tornado Cash subsequently sold 1,499.5 ETH for roughly $3 million, Lookonchain reported. The transaction occurred at an average price of approximately $1,998 per ETH.\nOn November 12, a separate Ethereum holder reportedly sold 6,532 ETH worth approximately $13.62 million. Lookonchain estimated that the investor incurred a $3.1 million loss on ETH purchased about a month before.\nEthereum whales continue buying despite unrealized losses\nNot all large holders were selling. Lookonchain tracked a wallet beginning 0x4cee purchasing 10,380 ETH for approximately $19.91 million as prices declined. The same address had previously earned about $3.66 million from trading 10,500 ETH two months before, according to the analytics firm.\nFollowing the latest purchase, Lookonchain estimated that the wallet held 25,498 ETH worth $49.44 million, acquired at an average cost of $2,382 per token. Its unrealized loss stood at approximately $11.3 million based on the market valuation at the time of the update.\nLarge ETH purchases had already appeared during the week. On November 9, several whale transactions included a $21.55 million acquisition financed through an Aave loan and another purchase worth $19.7 million.\nSeparately, a wallet that had remained inactive for more than two years withdrew 34,601 ETH worth approximately $73.75 million from Binance on November 9, according to Lookonchain. The transaction involved moving existing tokens off the exchange, not a confirmed new purchase.\n\n\n  \n\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        \n\n\n\n\n\n\n                Read more:\n            \n\n                Coffeezilla investigates Trump’s crypto empire and $500 million UAE deal","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.53.0","shortVersion":"4.53.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2683576493","isCrawlerRequest":true}