Big news in the world of Ethereum (ETH), a type of cryptocurrency! Recently, there's been a lot of selling, pushing the price down. This happened partly because some big investors, called 'whales,' are selling their ETH.
- Whales sold lots of ETH, causing the price to drop.
- Many people took their money out of Ethereum funds.
- Other bad news, like a big hack and possible trade tariffs, also made people worried.
- But some good things might happen soon that could help the price!
| Fact | Number |
|---|---|
| ETH price drop in 24 hours | 5% |
| ETH price (at the time of writing) | $2,340 |
| Money lost from ETH funds | $222 million |
| Money lost in a crypto hack | $1.4 billion |
Even with the recent drop, some people think things might get better. A big upgrade called 'Pectra' is coming, and if a special fund for ETH gets approved, that could help the price go up.
