Ethereum Price Remains Under Pressure as ETF Outflows and Foundation-Linked Sales Weigh on Sentiment

A wallet linked to the Ethereum Foundation sold another 1,000 ETH on Saturday, bringing five-day sales to 5,000 ETH for about $9.92 million. The wallet still holds roughly 10,000 ETH, and traders are debating whether the selling has contributed to ether's drop below $1,900.
AI Analysis
The summary says a Foundation-linked wallet sold 5,000 ETH over five days while ether fell below $1,900, which is direct selling pressure and relevant to short-term trading. The remaining balance of roughly 10,000 ETH keeps the possibility of continued sales in view.