ETH has dropped 5.04% in the past 24 hours to trade below $3,450, as broader crypto markets pull back amid heightened risk-off sentiment .
A wave of sell-offs continues: over 200,000 ETH recently flowed into major exchanges, with Whale wallets dumping $93 M) across Binance, Kraken, OKX, and Bybit .
These inflows broke through key support levels at $3,550–$3,400, and analysts warn ETH could test $3,200 or even $3,000 if downward pressure persists .
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