On June 18, 2025 local time, the NBA Los Angeles Lakers agreed to sell a majority stake to TWG Global Chairman and CEO Mark Walter at a valuation of $10 billion, and between June 19 and June 22, Ethereum’s market capitalization fell from $308.6 billion to $272.7 billion, a decline of more than $35 billion, which means that Ethereum’s market capitalization has fallen as much as three Los Angeles Lakers in the last three days.
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Ethereum market capitalization has experienced a big dump of 35 billion USD in three days, equivalent to three Lakers teams.
On June 18, 2025 local time, the NBA Los Angeles Lakers agreed to sell a majority stake to TWG Global Chairman and CEO Mark Walter at a valuation of $10 billion, and between June 19 and June 22, Ethereum’s market capitalization fell from $308.6 billion to $272.7 billion, a decline of more than $35 billion, which means that Ethereum’s market capitalization has fallen as much as three Los Angeles Lakers in the last three days.