“Individuals bought ezETH on Uniswap, and so they had decrease liquidity, so the slippage prompted the worth to drop to beneath $700, which prompted large liquidation on [generalized leverage protocol] Gearbox and [lending protocol] morpho,” Hitesh Malviya, founding father of crypto analytics platform DYOR, informed CoinDesk.
Renzo Restaked ETH Suffers a Transient Crash on Uniswap
