Crypto Adventure - The Ethereum Foundation's transfer of a large amount of ETH has analysts worried about a price drop, but many remain optimistic due to upcoming ETFs and a potential shift of capital from Solana

in blockchain •  5 months ago 

https://cryptoadventure.com/ethereum-foundation-moves-64-4-million-worth-of-eth-is-this-a-dump/
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The Ethereum Foundation moved $64.4 million worth of ETH to a new address, raising concerns about a potential sale and a price drop for Ethereum.

However, analysts remain bullish on Ethereum, predicting a significant rally to $10,000 due to the upcoming Spot Ethereum ETFs and a capital rotation from Solana to Ethereum.

Beware of potential dumps!!

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