Cointelegraph reports that 160,000 Ethereum were sold over the past ten days by ICOs. https://cointelegraph.com/news/trustnodes-icos-sold-160-000-ethereum-over-the-past-10-days/amp
Panic about the drop in price of Ethereum and the whloe crypto space, caused most projects to sell of their acquired funds and switch to the more stable fiat, this also deepens the drop in price.
Hopefully with the rise over the past 24 hours, more investors and projects would be encouraged to hold.
Topic: 160,000 Ethereum sold in 10 days (Read 108 times)
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