Ethereum Price Slips 10% Behind Bitcoin as DeFi Engine Loses $43 Billion

$ETH

ETH

1,992.59

-4.27%

Ethereum ETHUSD 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 Mirrors DeFi TVL Collapse Since January Peak