Nansen Casts Blame for stETH ‘De-Peg’ on Terra

Nansen Casts Blame for stETH ‘De-Peg’ on Terra

From here, Nansen says many users opted to sell their stETH back for ETH, which had the effect of depressing stETH’s price. Most stETH sellers, according to…

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Continued StETH Weakness Could Spell Trouble for Instadapp Lite Users

Continued StETH Weakness Could Spell Trouble for Instadapp Lite Users

Lido staked ether has caused a liquidity crisis in the crypto market User funds will remain safe unless stETH sells at 15% discount, Instadapp founder Samyak Jain…

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Three Arrows Sells More Staked Ethereum (stETH) As Liquidation Looms

Three Arrows Sells More Staked Ethereum (stETH) As Liquidation Looms

Singapore-based crypto hedge fund Three Arrows Capital is facing liquidation risks as it continues to remove stETH tokens from its holding. Three Arrows Capital on Thursday has…

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Biggest ‘stETH’ Pool Almost Empty, Complicating Exit for Would-Be Sellers

Biggest ‘stETH’ Pool Almost Empty, Complicating Exit for Would-Be Sellers

A trading pool that large institutional investors such as Alameda Research and Three Arrows Capital have used to dump their “stETH” tokens is now nearly drained and…

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Bit.com Becomes the first Exchange to List Staked Ether (STETH) despite De-pegging Concerns

Bit.com Becomes the first Exchange to List Staked Ether (STETH) despite De-pegging Concerns

Bit.com, the Singapore-based exchange, has listed Staked Ether (STETH) on its spot and and perpetual futures markets, according to a recent press release. Bit.com becomes the first…

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