Ethereum faces market turmoil as DeFi liquidations loom amidst price drop

31-3-2025 – The decentralised finance (DeFi) sector finds itself in troubled waters as Ethereum’s value slips beneath the crucial $1,900 threshold, sparking a wave of potential liquidations across lending platforms. At the heart of this financial tempest lies Sky Protocol (formerly Maker), where two substantial loans totalling $229M in ETH hang precariously in the [. . source: https://www.cointrackdaily.com/ethereum-faces-market-turmoil-as-defi-liquidations-loom-amidst-price-drop/