Ethereum slides 6% to $2,093 to start the week

Key points

• Ethereum experienced a 6% drop to start the week, falling to a price of $2,093.
• This recent price decline highlights current market vulnerabilities.
• The drop coincides with a buildup of leveraged positions across the market alongside ongoing institutional capital outflows, both of which signal potential continued price volatility for the asset moving forward.

Summarized automatically by Kryptokite from reporting by Crypto Briefing. Read the original sources for full detail.