📉 The crypto market is in shock again! According to QCP Group, the sharp 21% drop in the price of Ether (ETH) is due to massive sales from Jump Trading and Paradigm VC. Ether is trading at $2,252, which is the lowest in the last five months.

🔍 Jump Trading has sold $377M of wstETH since July 24th and plans to sell another $104M. This is causing panic among investors despite the launch of the first Ether spot ETFs in the US.

Be careful!