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…