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Why Ethereum Could Face Turbulence Before Its Next Leg Up
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2 Articles
Why Ethereum Could Face Turbulence Before Its Next Leg Up
Market expert Markus Thielen from 10X Research has raised concerns that Ethereum could be entering a rocky phase, citing rising borrowing costs and growing signs of network stress. According to Thielen, the Ethereum lending market is showing signs of overheating, which could lead to increased selling pressure. One of the key red flags is the usage rate on Aave, a major DeFi lending platform. Since early July, the utilization rate for ETH borrowi…
Ethereum tangue between past profits and cold sweats of summer: an explosive cocktail mixing variable rates, gust predictions, and a DeFi that tightens teeth. The article Ethereum faced a possible shock due to a domino effect of WETH appeared first on Cointribune.
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