Ether Price Decline Could Trigger Significant DeFi Liquidations

According to Cointelegraph, a potential 20% drop in Ether (ETH) prices could lead to a significant cascade of decentralized finance (DeFi) liquidations, amounting to $336 million. Kevin Rusher, founder of the real-world asset (RWA) lending platform RAAC, highlighted the critical price levels to monitor. A decline to $1,857 could result in $136 million in liquidations, while a further drop to... source: https://www.binance.com/en/square/post/21497661784457?utm_source=BinanceNewsRSS