$10,000 invested in ETH 3 years ago is now worth
It’s been a rocky year for Ethereum (ETH) holders. The world’s second-largest cryptocurrency has declined 26.73% year-to-date and is currently trading 29% lower than it was a year ago. At $2,445.14 per token, ETH is down another 4.03% just this week. ETH 7-day price chart. Source: Finbold While institutional money continues to flow in (Spot Ethereum ETFs pulled in $741.7 million in the last two weeks), the technical picture appears shaky. ETH recently pushed above $2,520 but has since pulled back, with analysts eyeing potential support around $2,320. Still, if you had the good sense to buy Ethereum three years ago, you’d be sitting pretty today. A $10,000 investment in ETH in 2022 On June 27, 2022. Ethereum was trading at $1,193.68, according to data from CoinMarketCap. That means your $10,000 would have purchased approximately 8.38 ETH tokens. It wasn’t exactly an obvious buy at the time. The cryptocurrency market was in the midst o...