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via BeInCrypto · By Ananda Banerjee
Ethereum Price Slips 10% Behind Bitcoin as DeFi Engine Loses $43 Billion
ETH
ETH/USDT
$1,921.10
+2.51%
$1,921.10
+2.51%
(24s)24h Volume
$9,606,368,011.37
24h H/L
$1,928.00 / $1,855.50
Change: $72.50 (3.91%)
Long/Short
59.3%
Long: 59.3%Short: 40.7%
Funding Rate
+0.0063%
Longs pay
Data provided by COINOTAG DATALive data
AB
Ananda Banerjee(09:38 AM UTC)
1 min read
Ethereum (ETH) price is stalling near $2,140 as a sharp DeFi erosion since January now matches a bearish chart structure carved out over the past seven weeks.
The lag against Bitcoin and a sliding holder cohort suggest the price weakness may be more than a routine pullback. The structure on the daily chart and the on-chain data tell the same story from different angles.
Ethereum Price…
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