Ethereum Drops Below $950 On Uniswap Overnight – Here’s Why

Ethereum Drops Below $950 On Uniswap Overnight – Here’s Why


Ethereum Key Takeaways:

– ETH prices have plummeted below $1300 – Selling pressure intensifies, which triggers the decline. – Dire price forecasts for ETH

Having lost about 20 percent of its value over the past 24 hours and hovering around $1,200 on Monday morning, many crypto investors and market observers are prepared for a massive Ether decline back into the triple digits.

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On the decentralized exchange Uniswap, however, it occurred late Sunday night, albeit momentarily, as ETH retreated below the spot price, relative to other exchanges, to $950.

The duration of the sell-off saw ETH’s liquidation price dropping from $1,200 to $875.

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$ETH went to $945 on

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