Ethereum FUD returns as ICO whale offloads another $47M

Ethereum FUD returns as ICO whale offloads another $47M

Ethereum's prices have dropped by almost 10% since October, with ETH prices slumping to an intraday low of $2,365. An Ethereum ICO participant has offloaded 19,000 Ether, worth around $47.5 million, causing concerns among critics and FUD. Despite the drop, Ethereum has produced 9 chains with gross profits totaling over $140 million over the past 12 months.

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