Ethereum Plunges to $845 for Second as Liquidity on Uniswap Remains Problematic - BitcoinEthereumNews.com
अरमान शिरीनयान कोई संभावित रूप से 15% छूट के साथ बाजार में दूसरी सबसे बड़ी क्रिप्टोकरेंसी खरीद सकता है Once again, Ethereum took a massive plunge down because of the lack of liquidity on the अनस ु ार decentralized trading platform, as anonymous investors exchanged almost 1,300 ETH for $1.1 million in the व्यापारिक जोड़ी. This is not the first time Uniswap faced issues with liquidity. Recently, the WETH trading pair fell to $950 despite the average market price of Ether being far above $1,000. The main reason behind it is the lack of liquidity on Uniswap because of its decentralized nature. According to Dex Screener, the price of Uniswap V3 WETH/USDT once fell to $845.911 at 17:27(UTC+8), and has now returned to normal. There are large investors who exchanged 1,292ETH for 1,092,907USDT in this trading pair. https://t.co/Y5a79iYdxX - वू ब्लॉकचैन (@WuBlockchain) जून 15 The liquidity on the trading pair is being provided by other users who receive rewards for it. The process of market making is controlled by the AMM system. Unfortunately, it sometimes canot cover the existing demand coming from large investors. Some cryptocurrency whales used the lack of liquidity to their advantage by pushing the price of the wrapped asset lower than the market