As ICO cools down and a lot of projects are even dumping at lower prices than ICO, is there any hope for ETH prices to shoot again? Also there are some news that ICO projects are cashing out the large amount of ETH recently which even give ETH a more harder hit than other coins.
I think ETH's price go down in recent times is on a down trend with Bitcoin. Beside, some bad ICO after taking ETH of investors, they sold big amount of ETH on market. This thing also make its price go down
Yes, as they hold a lot of ETH in hands which definitely make them whales who can really have strong influence over the market if they choose to cash out at some point! Let's just hope that they won't be a big sell for other ICO projects.