Ethereum Trades Near $2,090 After Ethereum Foundation’s $10.2M OTC ETH Sale to BitMine
On 15 March 2026, Ethereum traded around $2,090 after the Ethereum Foundation completed an over-the-counter sale of 5,000 ETH worth about $10.2 million to BitMine Immersion Technologies at an average price of $2,042.96 per ETH. Proceeds are earmarked for protocol development, research, ecosystem grants, and operating expenses, while technical indicators such as RSI near 58–60 and a mildly bullish MACD crossover point to a consolidating, neutral market. Key support sits around $2,080 and $2,050, with resistance near $2,150 and $2,200 shaping the next potential move.