$ETH The ETH crash is mainly due to three reasons:



Large funds started selling, with obvious capital outflow from the market.

Leveraged long positions were liquidated, triggering a chain reaction after breaking support levels.

Market sentiment turned bearish, and Bitcoin's weakness dragged down the entire crypto market.

In simple terms: funds fled, liquidations increased, the market panicked, so ETH experienced a rapid crash.
ETH-5.92%
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