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I think it's pretty normal"

threefold = three times = 3x

fallen by 3x means now it is 3x lower, so if the old value was x now the value is x/3



You're right that it's normal(ish), but it's sloppy. The new value isn't 3x lower than the original. The old value is 3x the new, and the new is 2/3 lower than the old.




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