CryptoMedium•14 November 2026•
1 min read
Ethereum Foundation Sells 5,000 ETH as Price Drops Below $2,000
Key Facts
1A wallet linked to the Ethereum Foundation sold another 1,000 ETH on Saturday, bringing its five-day total to 5,000 ETH.
2Ether price sank as low as $1,900 as the Foundation's selling activity continued.
A wallet linked to the Ethereum Foundation sold another 1,000 ETH on Saturday, November 14, 2026. Bitcoin.com reported that this transaction brought the foundation's five-day total sales to 5,000 ETH, valued at approximately $9.92 million. The selling activity occurred as the asset faced significant downward price pressure.
Ether price sank as low as $1,900 as the Foundation's selling activity continued, with the assets swapped for USDS via Cowswap. According to Bitcoin.com, approximately 10,000 ETH remains in the foundation-linked wallet. The decline follows a broader market trend where Ether has dropped about 15.4% over seven days, alongside liquidations in other cryptocurrencies including Bitcoin, XRP, and SOL.