Ether Fell 15.6% Between Nov. 4 and Nov. 11 Daily Closes

Ether (ETH) fell 15.6% between Nov. 4 and Nov. 11 daily closes as an Ethereum address moved 2,154.94 ETH to a new address during the period.

ETH-USD closed at $2,422.31 on Nov. 4 and $2,044.30 on Nov. 11. The comparison uses daily closes from the same series.

The transfer occurred Nov. 9 at 5:42 p.m. ET (22:42 UTC), after a 0.05 ETH test transfer at 5:04 p.m. ET (22:04 UTC), about 38 minutes earlier. The receiving address held about 2,155 ETH after the larger transfer.

The sending address had received ether in Ethereum’s July 2015 genesis block and another 755 ETH in March 2016. The transfer itself does not establish that the holder sold the funds.

Technical readings for Ether also differed. One chart estimate put the 50-day moving average near $2,350 and the 200-day average near $2,310, with support near $1,850. A separate Nov. 11 reading listed the averages at $2,444.87 and $2,152.49 as of 6:11 p.m. ET (23:11 UTC). The $1,850 level was a chart estimate, not a confirmed price floor.