Ethereum

2024

Resistance

Beacon

<ul class="news-points wp-block-list">
 <li><strong>Ethereum Foundation sells 100 ETH, adding to 2024 total of 4,466 ETH sold.</strong></li>
 <li><strong>70,000 ETH transfer to Binance signals potential market impact, price pause.</strong></li>
 <li><strong>ETH consolidates near $4,000, with support at $3,900 and resistance at $4,100.</strong></li>
</ul>
<p>The Ethereum Foundation sold another 100 ETH, worth about $420,470. Lookonchain data shows the Foundation has so far sold 4,466 ETH, worth $12.62 million, in 2024.</p>
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   <p lang="en" dir="ltr">The <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Ethereum</a> Foundation sold 100 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a>($420.47K) again just now.<a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Ethereum</a> Foundation has sold a total of 4,466 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a>($12.62M) this year.<a href="https://t.co/aEdJQoOeuv" target="_blank" rel="noopener noreferrer nofollow">https://t.co/aEdJQoOeuv</a> <a href="https://t.co/Cd6LPm1JBu" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/Cd6LPm1JBu</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1868961145551568964?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">December 17, 2024</a>
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<p>Meanwhile, a substantial transfer of 70,000 ETH, equivalent to $281 million, moved from Binance to the Binance Beacon Deposit. These movements have sparked speculation about Ethereum’s price trajectory, particularly as the cryptocurrency consolidates near the $4,000 mark.</p>
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> 70,000 <a href="https://twitter.com/hashtag/ETH?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#ETH</a> (281,045,876 USD) transferred from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> to Binance Beacon Deposit<a href="https://t.co/aiiZMJ7tN4" target="_blank" rel="noopener noreferrer nofollow">https://t.co/aiiZMJ7tN4</a></p>— Whale Alert (@whale_alert) <a href="https://twitter.com/whale_alert/status/1868948673163403703?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">December 17, 2024</a>
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<h2 class="wp-block-heading" id="h-ethereum-price-key-support-and-resistance-levels">Ethereum Price: Key Support and Resistance Levels</h2>
<p>Ethereum’s current price hovers at <a href="https://coinmarketcap.com/currencies/ethereum/" target="_blank" rel="noopener noreferrer nofollow">$4,000.09</a>,…</p>
<p>The post <a href="https://coinedition.com/ethereum-foundation-offloads-eth-price-consolidates-at-4000/" rel="noopener noreferrer nofollow">Ethereum Foundation Offloads ETH, Price Consolidates at $4000</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Ethereum Foundation Offloads ETH, Price Consolidates at $4000

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