coin-img-ETHETH-4.56%coin-img-BTCBTC-3.37%coin-img-HYPEHYPE-9.63%coin-img-SOLSOL-4.04%coin-img-XRPXRP-3.38%coin-img-USDCUSDC+0.00%coin-img-SUISUI-8.84%coin-img-DOGEDOGE-3.91%coin-img-ETHETH-4.56%coin-img-BTCBTC-3.37%coin-img-HYPEHYPE-9.63%coin-img-SOLSOL-4.04%coin-img-XRPXRP-3.38%coin-img-USDCUSDC+0.00%coin-img-SUISUI-8.84%coin-img-DOGEDOGE-3.91%coin-img-ETHETH-4.56%coin-img-BTCBTC-3.37%coin-img-HYPEHYPE-9.63%coin-img-SOLSOL-4.04%coin-img-XRPXRP-3.38%coin-img-USDCUSDC+0.00%coin-img-SUISUI-8.84%coin-img-DOGEDOGE-3.91%coin-img-ETHETH-4.56%coin-img-BTCBTC-3.37%coin-img-HYPEHYPE-9.63%coin-img-SOLSOL-4.04%coin-img-XRPXRP-3.38%coin-img-USDCUSDC+0.00%coin-img-SUISUI-8.84%coin-img-DOGEDOGE-3.91%
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Hristina Vasileva

Ethereum drops under $2,000 as derivatives reposition and DeFi lending cools

ETH slipped below $2,000 over the past 24 hours for the first time since early 2025, trading at $1,972.82 after a 13.4% decline over the past month. The move coincided with $241M in long liquidations and rising derivatives activity, with open interest cited at $12.5B and $32.69B from separate datasets. DeFi metrics also weakened, including Aave loans at $8B (down 14% in a month) and Ethereum-based DeFi holdings at $41.78B versus over $91B in August 2025.
ETH
ETH-4.60%
BTC
BTC-3.42%
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