ETH Drops Below $1,850 as Coldcard Fears Deepen — But Whales Are Still Buying!

Ethereum is trading near **$1,842**, down nearly 2% today. ETH failed to reclaim $1,900 after rejecting near $1,980 in July.

ETF Flows: Ethereum ETFs continue to attract institutional capital, outpacing Bitcoin ETFs in July with $342.8M in inflows.

Derivatives: ETH futures shorts are rising, but options markets remain calm with implied volatility near 37%.

Key Level: ETH is testing the $1,850 support zone**. A break below could open the door to **$1,800.

Takeaway: Institutional accumulation continues despite the pullback. Watch the $1,850 support!
$ETH
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