$ETH 【Flash】 Ethereum Crashes 7% – $ETH Breaks Below $1,860 The "number two" crypto is finally cracking. Ethereum just dropped below $1,859, down 7% in 24 hours. The broader market panic has caught up with ETH. But what's really spooking investors? What's happening? · Death cross on the ratio – The ETH/BTC pair broke below the key 0.03 support, hitting a multi-year low. This suggests whales are dumping ETH for BTC – Ethereum is getting "sidelined." · Anemic on-chain activity – L2s are stealing the spotlight. Mainnet gas fees have plunged to near zero. ETH's deflationary model has completely broken – supply is even starting to creep up. · Whale dump – On-chain data shows an ICO-era address that held 100k ETH moved tokens right before the drop, triggering panic across the market. Ethereum bulls are losing faith. Is anyone still holding the line here? 🤔 #Anthropic递交招股书：正式启动IPO #HYPE连创新高：ETF持续净流入 #Strategy披露上周出售32枚比特币 $BTC $HYPE