ETH Drops 20% as Jump Crypto Liquidates Staked Ether Positions, Blockchain Data Indicates – Crypto News Australia

ETH experienced a significant drop of 20% as Jump Crypto liquidated staked Ether positions, according to blockchain data. This development has caused concern among investors and traders in the cryptocurrency market. The liquidation of these positions has led to a sharp decline in the price of ETH. It is important for investors to closely monitor their investments in the volatile crypto market to avoid potential losses.