The liquidation volume of the Ethereum lending market in April has exceeded any month since June 2022
According to The Block's data dashboard, in the first two weeks of April, the liquidation volume of Ethereum's lending market exceeded that of any month since June 2022. The liquidation amount of lending protocol Aave approached $80 million, and Compound's was close to $50 million, constituting the vast majority of liquidations. The last time there was a large volume of liquidations was in June 2022, a month after the collapse of the Terra ecosystem worth $40 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Swedish payment giant Klarna's first stablecoin, KlarnaUSD, has been launched ahead of schedule
Bitcoin OG opens 5x ETH short position worth $15.04 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish

The Crypto Fear Index rises to 28, escaping the "Extreme Fear" zone