ETHFI just dropped -11.5% in 24 hours — now sitting at $0.467, barely holding above its all-time low of $0.396.

Here's the damage report:

• Price: $0.467 (-11.5% / 24h)

• 24h Volume: $101M — 27% of total market cap

• Market Cap: $367M (rank #113)

• Distance from ATH: -94.5% ($8.53 in March 2024)

• Circulating Supply: 787M / 998M total (21% still locked)

Ether.fi is a liquid restaking protocol that rode the restaking hype to $8.53 exactly two years ago this week. Since then, it's been a one-way trip south. The restaking narrative cooled, competition intensified, and token unlocks have been relentless.

Today's -11.5% selloff comes amid broad market weakness — BTC down 4.5%, ETH down 4.1% — but ETHFI is bleeding 3x harder than the majors. Volume-to-mcap ratio at 27% signals heavy distribution.

With ATL at $0.396, there's roughly 15% of downside buffer left before uncharted territory. If the broader market doesn't stabilize soon, that floor could get tested fast.

Are we looking at capitulation or a bounce zone? Drop your take below 👇

#ETHFI #EtherFi #Crypto #Binance #Restaking #ETH #DeFi #CryptoNews