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Ethereum (ETH) Price: Token Drops Below $1,900 As DeFi Loans Face Liquidation Risk
- Ethereum (ETH) price dropped nearly 10% on Monday, falling to $1,820, its lowest since December 2023.
- A $74 million DeFi loan backed by $130 million in ETH is at risk of liquidation.
- Only 50% of Ethereum holders remain in profit, down from 82% at the start of 2023.
- $1.8 billion worth of ETH left exchanges last week in the largest outflow since December 2022.
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