The Ethereum Foundation has sold another 2,500 ETH, bringing the total sold over four days to 7,500 ETH.
$ETH is now at 1825.39, down 5.67% over 24h. Next, watch two things: whether trading volume picks up and whether the price can hold steady. It’s not uncommon for prices to stop falling after negative news is priced in, so there’s no need to rush to a conclusion. My usual approach to tracking the data: record performance one hour and 24 hours after the news separately.
$ETH is now at 1825.39, down 5.67% over 24h. Next, watch two things: whether trading volume picks up and whether the price can hold steady. It’s not uncommon for prices to stop falling after negative news is priced in, so there’s no need to rush to a conclusion. My usual approach to tracking the data: record performance one hour and 24 hours after the news separately.