Bitcoin $97,586.06 -1.98%
Ethereum $3,419.97 +3.80%
BNB $655.47 +5.21%
Optimism $2.22 +5.37%
Arbitrum $0.86 +11.55%
Solana $255.48 +0.60%
Polygon $0.58 +21.88%
Cosmos $8.23 +12.97%
Avalanche $42.15 +6.65%

Bitcoin $97,586.06 -1.98%
Ethereum $3,419.97 +3.80%
BNB $655.47 +5.21%
Optimism $2.22 +5.37%
Arbitrum $0.86 +11.55%
Solana $255.48 +0.60%
Polygon $0.58 +21.88%
Cosmos $8.23 +12.97%
Avalanche $42.15 +6.65%

Whales Started Removing Ethereum (ETH) Holdings, stETH-ETH Depegs

According to PeckShieldAlert, a whale has removed 84K Ethereum (ETH) worth almost $103 million from Lido: Curve Liquidity Farming Pool Contract. It caused the stETH/ETH exchange rate to fall from 0.985 to 0.975. A significant depeg between staked Ethereum and Ethereum can be worse for the crypto market.

(By Varinder Singh)

Ethereum Crypto

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Whales Started Removing Ethereum (ETH) Holdings, stETH-ETH Depegs

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