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CoinTurk News 2023-08-01 13:19:42

One of the Largest Liquidations in Ethereum’s History Could Be Imminent!

Famous cryptocurrency analyst and host of DataDash, Nicholas Merten, has warned crypto investors that Ethereum (ETH), the king of altcoins, could experience a significant liquidation that could drive its price to very low levels. Pay Attention to the Debt-to-Credit Ratio According to Merten, investors who have highly leveraged positions and use their ETH as collateral in decentralized finance (DeFi) protocols may be forced to close their positions if the price of Ethereum starts to drop. The post One of the Largest Liquidations in Ethereum’s History Could Be Imminent! appeared first on COINTURK NEWS.

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