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 of a brutal bear market , with Ethereum having crashed from its November 2021 peak of over $4,800. The ride has been anything but smooth since then. Ethereum continued falling before eventually clawing its way back, even touching above $4,000 in 2024. How much ETH would you have now? Those 8.38 ETH tokens you bought for $10,000 three years ago are worth $20,490 today, a profit of $10,490, or a 104.9% return. Not bad, but it depends on what you’re comparing it to. XRP investors who bought three years ago are up a whopping 433% , while SHIB holders managed just 41.9% . Disclaimer : The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk. Featured image via Shutterstock. The post $10,000 invested in ETH 3 years ago is now worth appeared first on Finbold .
