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CoinGape
2022-06-15 13:02:03

Staked Ethereum (stETH) Breaks Below $1K As ETH Liquidations Surge

Staked Ethereum (stETH) Breaks Below $1K As ETH Liquidations Surge

Lido Staked Ethereum (stETH), a key factor in the ongoing crypto crash, widened its rift with Ethereum and fell below $1,000 on Wednesday. stETH dropped to as low as $959.77, before recovering to a little above $1,000 in a broader crypto market recovery. The move also appeared to have liquidated some Ethereum positions, with about The post Staked Ethereum (stETH) Breaks Below $1K As ETH Liquidations Surge appeared first on CoinGape.

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