by: xpoolPosted on:

ETH Price Drops Raise Liquidation Fears for DeFi Investors

Ether (ETH) has experienced a significant drop of around 11.5% over the past day, causing concern among market observers. This downturn could trigger the liquidation of approximately $340 million in collateralized debt positions on MakerDAO. On-chain analytics indicate potential for substantial liquidations if ETH continues to decline. Market volatility is impacting trader sentiment and driving caution.

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