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Ethereum Foundation Sells $6.42M in ETH as Price Tests $2,300 Support

Summary by Blockonomi
TLDR: Ethereum Foundation sold 2,785 ETH for about $6.42 million in USDS through CoW Swap, Onchain Lens reports Ethereum traded at $2,312.64, down 1.17% in 24 hours and 4.58% over seven days, per CoinGecko price data. Ella sees $2,360 as the first recovery test, with $2,400 next if buyers reclaim that level for Ethereum. Daan [...]
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The price of Ethereum (ETH) was stuck around $2,325 on Tuesday ahead of the US Federal Reserve's (Fed) interest rate decision to be announced on Wednesday, October 28.

The Ethereum Foundation liquidates 2,785 ETH via CoW Swap while eter loses the $2,300, Glamsterdam is postponed and the Fed decides on October 28. The entry Ethereum Foundation sells 2,785 ETH in mid-fall: ETH loses the $2,300 aparece primero en Merca2.

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Blockonomi broke the news on Monday, October 26, 2026.
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