Will Lido Staked Ether Trigger the Next Big Crypto Crash?
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People are burning their stETH tokens, causing liquidity problems Celsius has over $3.8 billion worth of stETH and has suspended withdrawals Lido’s crypto derivative representing staked ether (stETH)…
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Staked-Ether (STETH) is an Ethereum-based token that allows users to earn rewards for staking their Ether. It is an ERC-20 token that can be used for trading, staking, and yield farming. STETH is the native token of the Stake-Ether platform, which focuses on providing a secure and efficient platform for…
Since the 25th of July, Jump Trading (a quantitative trading platform), has reportedly deposited significant $ETH and other related tokens to centralized exchanges. Spot On Chain, a popular on-chain analytics platform, disclosed that the company has deposited up to $231M worth of $ETH tokens to CEXs in the past ten…