ETH Tanks Another 5% as Ethereum Foundation Keeps Selling and Schiff Sounds the Alarm - CryptoRank

The recent price decline comes amid continued token sales by the Ethereum Foundation, which has been offloading its holdings. This has contributed to market uncertainty and downward pressure on ETH's value.

Adding to the negative sentiment, prominent economist Peter Schiff has sounded the alarm about Ethereum's fundamentals, expressing concerns that may have further influenced investor behavior.