Maybe this the reason behind why ETH price drop from $190 to 125 I think so, because of Jeff wilcke moved 90k eth from his wallet to karken crypto exchange on 25th of December and now panic sellers start to dumpling the eth I thought this the best time to buy eth before bull market comes into crypto market.
It's not the reason. Ethereum is dropping because the whole ICO fad is over (ICOs built on top of ethereum supported the ETH price as you had to buy ETH in order to participate in the ICOs).
There is no unique selling point for ETH anymore, which is why investors are bailing out.