🚀 **Ether Takes a Tumble!**

- **ETH Slump**: Ether (ETH) nosedived to $2,100 on Aug. 5, an 8-month low. Jump Trading's $315M ETH transfer and global economic jitters triggered the drop.

- **Biggest Drop Since 2021**: ETH saw a 22% one-day decline, its largest since May 2021. Ouch!

- **Investment Outflows**: Crypto funds saw $528M in outflows, with ETH losing $146M. Fears of a recession are spooking investors.

- **Network Activity**: Ethereum's new and active addresses are down, with daily transactions also dipping. Looks like some folks prefer ETFs over holding ETH directly.

Stay tuned, crypto fans! 🌐