Huo Xing Finance reports, 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.
Over 21,540 ETH cleared in DeFi protocols as ETH falls below $1,550
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Summary
On Monday, the ETH price fell below $1,550, triggering over 21,540 ETH in liquidations across DeFi protocols, valued at $34.1 million, according to Lookonchain. Current ETH analysis shows the token is trading at $1,595. The decline occurred amid broader market volatility and an elevated risk of additional DeFi liquidations.
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