The Accumulation Divergence: Why Ethereum’s 9% Dip Masks a Major Structural Shift Against Bitcoin Dominance

The global digital asset market experienced a sharp programmatic shakeout over the last 24 hours, with Ethereum (ETH) bearing the brunt of high-beta liquidations. ETH slumped 9.21% in 24 hours, skidding down to $1,816.42 amid an intense wave of derivatives volume that topped $71.60 billion. The digital asset’s market capitalization settled at $219.35 billion.