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Ethereum erases its 2025 gains: Is ETH price headed to $2.2K next?

cryptocurrency November 5, 2025
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Ether could drop as low as $2,200 in the coming days, fuelled by risk-off mode among derivatives traders and a weakening technical structure.

Key takeaways:

ETH price dropped to its yearly open at $3,330 on Tuesday, wiping out more than $484.5 million on long ETH leveraged positions.

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Risk-off behavior among derivatives traders weighs down Ether’s price.

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