ChainCatcher report, according to Lookonchain monitoring, as ETH dropped below $1,550 this morning, 21,540 ETH (valued at $34.1 million) have been liquidated across DeFi protocols. ETH is currently trading at $1,595.
DeFi protocols liquidate 21,540 ETH as ETH falls below $1,550
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Summary
ETH price fell below $1,550 this morning, triggering $34.1 million worth of DeFi protocol liquidations—21,540 ETH—according to Lookonchain data. Current ETH analysis shows a price of $1,595. The decline reflects ongoing market volatility, with traders closely monitoring ETH price movements for further signals.
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