Ethereum Wallet Move Triggers $700M Profit-Taking Wave

Ethereum Wallet Move Triggers $700M Profit-Taking Wave

Ethereum Price Sees Sharp Pullback After Foundation Wallet Move On Wednesday, Ethereum (ETH) temporarily dropped below $3,800 after a rapid rush of people taking profits. The drop happened when the Ethereum Foundation (EF), a nonprofit that keeps the blockchain’s core development going, shifted 160,000 ETH worth almost $650 million to a new multisignature wallet. Even…

Ethereum Price Eyes $5,000 as Institutional Demand Builds

Ethereum Price Eyes $5,000 as Institutional Demand Builds

Ethereum Price Holds Above $4300 Amid Strong October Rebound Ethereum is currently in a recovery phase, having made a significant rebound from its September lows to trade around $4370 in the early sessions of October. The altcoin momentarily reached $4738 before stabilizing, reflecting an 8% decline from its most recent high. Even with short-term fluctuations,…