Cryptocurrency industry is dying right now and the leading cryptocurrency Bitcoin (BTC) with Ethereum (ETH) leading this decline.
This general sharp decline in the price of ETH and BTC smeared the whole market with blood. Although many warnings have been made by many experts about this, it is still an interesting indicator. He gave 100% correct information.
The foundation behind Ethereum Ethereum Foundation, It looks like it’s selling right over the top again. Ethereum Foundation team 2017 Everyone criticized the team when it made a sale in the last month of the year.
The decline that started in the following months revealed that the Ethereum Foundation sold ETH at the highest price to be seen, including in the coming years. A bear market followed, which lasted for more than three years. The Ethereum Foundation now appears to have accomplished exactly the same thing.
Ethereum Foundation Recognized the Summit 3 Times
The previous warning and the current chart shared by popular cryptocurrency analyst Edward Morra show this to be true. Ethereum Foundation, 11 November on 20,000 ETHHe posted it on the Kraken cryptocurrency exchange and sold it there. The Ethereum Foundation has previously 17 May and officially foretold the decline brought by China.
$ETH
Friendly reminder that ETH foundation cashed out at the top (again). ETH down 40+% since then pic.twitter.com/Bp80hEDvK0— Edward Morra (@edwardmorra_btc) January 21, 2022
Ethereum price since last sale by foundation 40%It fell above and continues to fall. Ethereum Foundation’s wallet, on the other hand, seems to attract a lot of attention in the following days.