Ethereum (ETH) has experienced a 9.89% decline over the past week, falling below the Trend Research cost line of approximately $3,104.36. This drop has resulted in an unrealized loss of $92.97 million. Despite the downturn, prominent investor E Lihua remains optimistic, continuing to buy ETH during dips and expressing confidence that ETH will eventually rise to $20,000. Additionally, E Lihua has heavily invested in WLFI, showing strong support for USD1. The last recorded ETH purchase by Trend Research was on January 21.
Ethereum Drops Below Trend Research Cost Line Amid Market Volatility
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