Ethereum, or 1 ETH, traded at $2,385.83 as of 8 a.m. ET. The highest intraday price the cryptocurrency reached in the past year was $4,088.00 on March 12, 2024. *The return comparisons are as of 8 a.m. ET.

Ether ( ETH) price dropped 12% between Oct. 1 and Oct. 3 after failing to surpass the $2,650 resistance level. This bearish momentum wiped out all gains from the previous two weeks, extinguishing the optimism that had emerged following the breach of the $3,000 support level two months earlier.

An early Ethereum investor who participated in its ICO has sold 19,000 ETH, worth $47.54 million. The sale has created a short-term FUD amid Ethereum whale holdings dropping by 1.18% over the last 30 days.

The price of ethereum, or 1 ETH, traded at $2,455.31, as of 8 a.m. ET. The highest intraday price that ethereum reached in the past year was $4,088.00 on March 12, 2024. *The return comparisons are as of 8 a.m. ET.