CryptoMedium•14 November 2026•
1 min read
Ethereum Drops 5% Amid Foundation Selling and Bearish Warnings
Key Facts
1Ethereum price dropped another 5% hitting $1,900 levels as the Ethereum Foundation continued its selling activity.
2Peter Schiff warned that $1,000 might not be the bottom for ETH as the crash accelerates.
Ethereum price dropped another 5% to hit the $1,900 levels. CryptoPotato reported that the decline follows continued selling activity by the Ethereum Foundation, which offloaded 5,000 ETH over a five-day period, creating significant sell-side pressure.
Peter Schiff warned that $1,000 might not serve as the bottom for ETH as the market crash accelerates. This bearish outlook is compounded by a technical breakdown below the $2,000 threshold, signaling weakened sentiment among traders.