Liquid Staking Platforms Witness Significant ETH Decline

Tuesday, 2 April 2024, 12:29
In just 22 days, 27 different liquid staking platforms saw a substantial decrease of 340,000 ETH, translating to around $1.18 billion. This trend signifies a notable shift in the crypto market dynamics, raising concerns about the stability and future prospects of ETH in various DeFi applications.

Impact of ETH Decline on Liquid Staking Platforms

This downward trend was observed across 27 unique platforms, culminating in a reduction of 340,000 ETH, valued at approximately $1.18 billion.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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