Ethereum Price Drops Below $2,000 Amid Market Sell-Off and Founder’s Recent ETH Sales

Ethereum's price fell sharply below the $2,000 mark, its lowest since May 2025, amid broad market weakness and increased selling pressure. The drop followed the breach of key support levels and bearish technical signals, including an inverse cup-and-handle pattern. Ethereum's founder, Vitalik Buterin, sold ETH worth $6.6 million recently to fund privacy projects but remains a major holder and optimistic about the network's future. Investor sentiment remains cautious amid ongoing outflows and liquidations.