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

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


Amber, a crypto investment platform, pulled out $160 million within days in early June, according to the Kaiko report. Alameda Research, a digital asset trading firm, sold $88 million in stETH. Three Arrows Capital, the hedge fund that faces a potential insolvency, redeemed about 400,000 ETH and stETH tokens from the protocol in May.

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend