Foundation-linked wallet extends reported ETH sales to 2,000 tokens
A wallet associated with the Ethereum Foundation sold another 1,000 ETH as the broader crypto market traded lower with sentiment firmly in fear territory.
A wallet associated with the Ethereum Foundation sold another 1,000 ETH as the broader crypto market traded lower with sentiment firmly in fear territory. Ethereum (ETH) is trading at $2,061.11, down 0.3% since this brief published. This is an original TLT brief synthesising 3 outlets (Crypto.news, Coinfomania, Blockonomi), plus live market data, as of Wed, 11 Nov 2026 07:30:04 UTC.
A continued series of sales from a Foundation-linked wallet could add visible supply to the ETH market, although the reported transactions alone do not establish what caused Ethereum’s recent decline.
- Foundation-linked wallet reportedly sold another 1,000 ETH.
- Crypto.news places two-day reported sales at 2,000 ETH.
- Latest 1,000 ETH sale was worth about $2.03 million.
- ETH is down 2.60% over 24 hours and 9.13% over seven days.
Crypto.news and Coinfomania agree that a wallet associated with the Ethereum Foundation sold 1,000 ETH, making continued wallet activity the central development. Crypto.news adds that the November 11 transaction was worth approximately $2.03 million and brought reported sales over two days to 2,000 ETH; Coinfomania emphasizes the possibility of market movement but does not provide an additional sale total or valuation. Neither outlet reports a conflicting transaction amount, and neither attributes Ethereum’s market decline directly to the wallet sale.
- Tornado Cash-linked wallet rotates $3.73M from ETH into ZEC
- Foundation-linked wallet extends reported ETH sales to 2,000 tokens — this brief
A wallet associated with the 
Ethereum Foundation reportedly sold another 1,000 ETH, extending a sequence of disposals tracked by blockchain analytics platform Lookonchain. The latest transaction was reported on November 11 and was valued at approximately $2.03 million, according to Crypto.news.
Crypto.news said the newest sale brought the wallet’s reported sales across the preceding two days to 2,000 ETH. Coinfomania also covered the 1,000 ETH transaction and framed it as a potential market-movement signal, but its summary did not add a different quantity, transaction value or wallet balance.
The available coverage converges on the size and Foundation association of the latest sale. The added detail comes from Crypto.news, which cited Lookonchain for the November 11 transaction, supplied its approximate value and reported the cumulative two-day total. No outlet included in the coverage contradicts those figures.
Ethereum is trading at $2,067.09, down 2.60% over 24 hours and 9.13% over seven days. Its market capitalization stands at $252.62 billion. The wider crypto market is broadly lower, with total capitalization at $2.52 trillion and 
Bitcoin down 1.23% over 24 hours.
The Fear & Greed index is at 29, placing sentiment in the “Fear” zone as the Foundation-linked wallet continues to report sales. The transaction is a visible element of ETH supply, but the coverage does not establish that it caused the coin’s recent weakness. Further wallet transfers and their timing are the clearest factors to monitor alongside the prevailing risk-off market backdrop.
Since this brief published about 2 hours ago, Ethereum (ETH) has moved from $2,067.09 to $2,061.11 — -0.29%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Ethereum dip to $1,750 by December 31, 2026?
Crowd-implied probability on Polymarket, $72.13K 24h volume, resolves Jan 1 — snapshotted when this brief published (Nov 11 06:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by TLT and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 ETH ≈ ₦2.87M (about $2,061.11), down 2.7% over 24 hours. The naira itself trades about 2.9% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Foundation-linked wallet extends reported ETH sales to 2,000 — questions & answers
How much ETH did the wallet reportedly sell?
A wallet associated with the Ethereum Foundation sold another 1,000 ETH, valued at approximately $2.03 million.
What was the reported two-day sales total?
Crypto.news reported that the latest sale brought the wallet’s two-day sales total to 2,000 ETH.
Did the wallet sale cause ETH’s decline?
The supplied coverage does not establish a direct link. ETH was already trading 2.60% lower over 24 hours in a broadly declining market.
How much is 1 Ethereum worth in naira today?
About ₦2.87M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $2,061.11. The naira price moves with both ETH's US-dollar price and the USDT/NGN rate; use our Ethereum in naira page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is down 0.29% since this brief first published — trading at $2,061.11 now versus $2,067.09 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto.news, Coinfomania, Blockonomi, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.