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$418 To $302 To $385: Why Ethereum Saw Extreme 30% Price Moves In 15 Minutes – Forbes
The entire sequence of events happened in a total of 15 minutes. Ethereum hit $418, then dropped to $302, and rebounded to $385, recording a 25% drop and a 27% upsurge, respectively.
On Aug. 2, the price of Ethereum peaked at $418; then, within 5 minutes, it dropped by 25%. On Binance Futures, ETH plunged to as low as $302, before recovering back to $385 within 10 minutes.
The entire sequence of events happened in a total of 15 minutes. Ethereum hit $418, then dropped to $302, and rebounded to $385, recording a 25% drop and a 27% upsurge, respectively.
The price of Ethereum saw unusual 25% price movements in a 15-minute span.
AFP via Getty Images
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