Ethereum Foundation Looks to Sell 1,000 ETH, Will Price Crash Again?

Ethereum Foundation sent 1,000 ETH to the Kraken exchange on April 22, likely to sell. This could lead to a potential drop in price. In the past, EF has been criticised for selling ETH, adding overhead selling pressure to the lackluster price performance. The recent transfer of 1000 ETH worth $1.58 million to an exchange could lead to a dip in ETH price.