An Ethereum Foundation wallet sold 2,000 ETH▼$1,916.41 for about $3.87 million through CoW Swap on November 13, 2026 — bringing its total disposals since October 26 to 6,785 ETH, per Lookonchain tracking cited by BeInCrypto.

That sale is a footnote against November’s broader ETH pressure. US spot Ethereum ETFs have already logged $695.9 million in net outflows this month.

Ethereum Foundation Wallet Splits ETH Sale Into Two Orders

Lookonchain tracked two separate orders of 1,000 ETH each, placed minutes apart through CoW Swap. Combined, the trades were valued at approximately $3.87 million.

Related: Ethereum Foundation and Vitalik Buterin Sued by Former Employee Over Firing

Two earlier batches of 1,000 ETH went out earlier in the week, taking the wallet’s November tally to 4,000 ETH — about $8.03 million by the tracker’s figures.

The address is identified as Foundation-linked, putting a closely watched Ethereum-associated holder back under the spotlight during a broader token retreat.

Ethereum ETF Outflows Reach $695.9 Million in November

SoSoValue data put November’s net withdrawals from US spot Ethereum ETFs at $695.9 million — roughly 87 times the dollar value of this wallet’s November sales.

That ratio puts the wallet trades in proportion. The fund totals capture institutional money exiting across the entire US spot ETH ETF market; the Foundation-linked address is just one seller.

The outflows have been relentless: seven of the eight November trading sessions ended with net withdrawals. Combined net assets fell from $13.22 billion on October 30 to $11.65 billion on November 11.

A break in that streak would shift the tone for ETH holders watching for a demand recovery. Continued withdrawals keep the focus firmly on institutional flows alongside activity from large wallets.

ETH Faces $2,000 Resistance After a 13% Weekly Decline

ETH dropped 13% over the week and slipped below $2,000 by November 13, per CryptoPotato’s November 13 analysis. The old round number has since flipped to resistance.

Reclaiming $2,000 would be the clearest sign of recovery from last week’s selloff. Without it, ETH stays on the wrong side of a level it held for much of the year.

Earlier Sales Leave the Linked Wallet With About 11,000 ETH

The selling sequence started on October 26 with 2,785 ETH sold for $6.42 million. The two batches earlier this week and Friday’s sale brought the cumulative total to 6,785 ETH.

After those trades, the wallet held about 11,000 ETH, valued at roughly $21.3 million. That remaining balance is large enough to keep the address on watchlists as November’s ETF flow story plays out.

FAQ

Which trading platform handled the wallet’s latest sale?

The November 13 transactions went through CoW Swap. Lookonchain identified two separate orders, each involving 1,000 ETH, executed minutes apart.

How much ETH remained in the wallet after the sale?

The linked wallet still held approximately 11,000 ETH after the transactions. Those holdings were valued at roughly $21.3 million in the November 13 coverage.

How much ETH did the wallet sell on October 26?

The October 26 transaction involved 2,785 ETH. Lookonchain’s figures placed its value at $6.42 million, making it larger in token terms than the latest 2,000 ETH sale.

How many November trading sessions recorded net outflows from US spot Ethereum ETFs?

Seven of the eight sessions covered by the November figures ended with net outflows. Across that period, cumulative net withdrawals reached $695.9 million.

When did ETH last trade near the price quoted in the November 13 report?

The coverage pointed to August 18 as the previous comparable trading period. Ethereum broke out of its summer range the following day and climbed above $2,500 within a week.

This article is for information only and is not financial advice.

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