The Ethereum Foundation sold another 2,500 ETH, valued at about $4.71 million, through CoWSwap for 4.597 million USDS, with the proceeds transferred to a multisignature Safe wallet. The transaction brought the foundation’s four-day sales to 7,500 ETH worth about 14.52 million USDS. ETH has fallen more than 25% since reaching $2,450 on Nov. 4, dropping below $1,850 during a broader market selloff and reaching its lowest level in almost three months. Peter Schiff has outlined a bearish scenario in which ETH could fall toward $1,000 or lower if it breaks support around $1,600.