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CoinGape 2024-03-19 15:23:12

Ethereum Price Risks $24M Collateral Liquidation If ETH Falls To This Level

Ethereum Price Risks $24M Collateral Liquidation If ETH Falls To This Level

The decentralized finance (DeFi) ecosystem found itself on shaky ground as liquidations soared. In the last 24 hours, the DeFi ecosystem witnessed more than $5.4 million in collateral liquidations of which Ethereum (ETH) held a massive share. This comes amid the Ethereum price drop to $3,200 after it neared rhe $4,100 mark earlier this month. The post Ethereum Price Risks $24M Collateral Liquidation If ETH Falls To This Level appeared first on CoinGape .

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