Ethereum (ETH) Slumps Over 20%, Heres Why $1150 Is The Next Low - BitcoinEthereumNews.com
EthereumEthereum (ETH) Slumps Over 20%, Heres Why $1150 Is The Next Low06 / 13 / 2022बिटकॉइन एथेरियम समाचार Ethereum (ETH) price has fallen more than 20% in the last two days as a result of the stETH depeg with the ETH, delay in Ethereum Merge, and market-wide sell-off amid rising inflation. The price could further plunge below $1150 as the financial constraint pushes major stETH and ETH hodlers including Alameda Capital, Celsius Network, Three Arrows Capital, and others to sell their holdings. Ethereum (ETH) Price Falls Amid Massive Sell-off The Ethereum (ETH) price is down nearly 8% in the last 24 hours, with the current price trading at $1,332. Celsius continues to liquidate its ETH and WBTC holdings. In fact, the company has transferred almost 104,000 ETH to FTX in the past three days, including 50,000 ETH today, 12,000 ETH yesterday, and 42,000 ETH the day before yesterday. Moreover, Celsius also transferred about 9,500 WBTC to FTX today. Also, सेल्सियस has paused withdrawal, swaps, and transfers between accounts to stabilize liquidity and operations. इसके अलावा, MakerDAO Vault has just sold 65,000 ETH at an average price of $1155 to pay their debt and decrease risk. The DeFi sector is at risk as DeFi tokens continue to