Investing
The Ethereum Foundation just sold $30M in Ether — But will ETH price fall this time?
![](https://personalfinancedefined.com/wp-content/uploads/2023/05/Ethereum_800x533_L_1556445174.jpg)
On May 6, Foundation transferred nearly $30 million in Ether (ETH) to the Kraken cryptocurrency exchange, causing jitters in the market about a potential selloff event.
ETH price fell 4.8% to $1,900 on the day, but the decline has been negligible so far amid a wider recovery trend.
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