The price of Ethereum has dropped 21% over the previous week due to the difficult FTX-triggered sell-off environment. It is now trading at $1,241.84 (At the writing time). The difficult FTX-triggered selloff environment has caused Ethereum’s price to drop 21%. It is currently trading at $1,241.84 (At writing time). Vitalik Buterin, who was the father of Ethereum, made the initial comment about FTX crashing at November 12th. He also accused Sam Bankman-Fried, a fraudster, of being the cause. The losses are already starting. Unstable stability sheet raises concerns above Alameda Research’s illiquidity – a company founded and run by Sam Bankman-Fried, who has repeatedly claimed independence.DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.Join us to keep track of news: https://linktr.ee/coincuWebsite: coincu.comChubbiCoinCu NewsTags: ETHEthereumFTXmarketUniswapVitalik Buterin