April Witnesses Highest Volume of Ethereum Loan Liquidations Since June 2022

Sunday, 14 April 2024, 22:31
The first half of April has witnessed an unprecedented surge in loan liquidations on the Ethereum network, surpassing the levels seen since Terra's collapse in June 2022. This sudden spike has raised concerns among investors and analysts regarding the stability of the decentralized finance ecosystem. The acceleration of liquidations signals potential risks and challenges facing the Ethereum lending market.
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April Witnesses Highest Volume of Ethereum Loan Liquidations Since June 2022

Record Ethereum Loan Liquidations

No period of time since Terra's collapse has seen this volume of loans liquidated on Ethereum—and the month isn't even half over.

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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