ETH Tanks Another 5% as Ethereum Foundation Keeps Selling and Schiff Sounds the Alarm

The Ethereum Foundation sold 7,500 ETH (~$14.5M) in four days, including 2,500 ETH swapped for 4.6M USDS, with ETH now below $1,850. Persistent foundation supply overhang undermines confidence, and Peter Schiff's call for a break of $1,600 toward the 2022 low near $1,000 amplifies bearish momentum. Expect elevated volatility and continued selling pressure on ETH and correlated altcoins near term.