Big news about Ethereum (ETH), a type of cryptocurrency! Its price has gone down a lot recently. But some smart investors are buying more, which is interesting!
- Ethereum's price dropped from over $4,000 to around $2,000.
- Big investors ('whales') are buying lots of Ethereum.
- Many people moved their Ethereum off of trading sites, suggesting they plan to hold it for a long time.
- One expert thinks Ethereum might go up again soon, like it did before.
Fact | Number |
---|---|
Ethereum price drop | $4,000 to $2,000 |
ETH bought by whales | 1.1 million |
ETH moved off exchanges | $1.8 billion |
Losses by one company | $110 million |