Whales might’ve caused Ethereum’s (ETH) 50% dive on Kraken, says CEO

On Monday, the price of Ethereum (ETH) briefly dropped by over 50%—from around $1,600 to $700—on crypto exchange Kraken, prompting numerous debates on whether this was some kind of technical malfunction.
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DeFi sees second-largest liquidation in history as crypto market dips

Yesterday’s decline of the crypto market has triggered the second-largest wave of liquidations in decentralized finance’s (DeFi) history as a total of $24.1 million worth of positions got wiped, according to metrics platform DeBank.
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