Crowd sentiment on ETH hit a three-month low on Aug 17. Two days later ETH was up about 17%. 📉 Weighted sentiment, 7-day average, fell to its lowest reading in at least three months on Aug 17, and turned negative. 🐋 Our eth_whale_dump anomaly fired once on Aug 18, at roughly $7.55M, against five events in each of the prior two weeks. 🔒 ETH held on exchanges fell to about 6.54M coins on Aug 18, the low of the stretch. 🏛️ Then the macro did the work: the US Treasury expanded long-end bond buybacks, and a record wave of short liquidations followed. BTC rose about 7% the same day. A negative crowd did not cause the rally. It did leave a record pile of shorts standing in its path. 🔗 Track ETH sentiment in Sanbase: https://app.santiment.net/charts/eth-weighted-sentiment-32036?utm_source=x&utm_medium=post&utm_campaign=ethsent_082026 (researched with Santiment MCP + Claude) 🤿 Dive deeper into this week’s anomalies in our report: https://santimentdata.substack.com/p/the-weekly-anomaly-report-august-f74(Santiment Intelligence)