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 7 years ago (edited) 

https://www.cnbc.com/2017/06/22/ethereum-price-crash-10-cents-gdax-exchange-after-multimillion-dollar-trade.html

$319 to $0.10 has already happened on GDAX/Coinbase.

That was a multimillion dollar trade and cascade effect. These ICOs have BILLIONS.

$50 Ethereum would be divided by 14... this flash crash was divided by 3000... so maybe $50 is a high estimate.

That being said it's in their best interests for the value of Ethereum to stay high so they can sell off for more money.