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Could Lido's position be in jeopardy, as suggested by the recent increase in ETH withdrawals?

AMBCrypto LogoAMBCrypto3w ago

 Could Lido's position be in jeopardy, as suggested by the recent increase in ETH withdrawals? - AMBCrypto

Quick Summary:

LDO poised for further losses as the bears overpower the bulls.

At press time, the protocol’s native token LDO exchanged hands at $2.61.

This decline is due to a spike in withdrawals from the liquid-staking protocol in the last month.


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 Could Lido's position be in jeopardy, as suggested by the recent increase in ETH withdrawals? - AMBCrypto (Picture 1) Could Lido's position be in jeopardy, as suggested by the recent increase in ETH withdrawals? - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Abiodun Oladokun

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-14 @ 20:00:33 (3 weeks ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 510 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 20683550

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 14 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

Publisher Details

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The story " Could Lido's position be in jeopardy, as suggested by the recent increase in ETH withdrawals?" was covered 3 weeks ago by AMBCrypto, a news publisher based in United States.

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AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 14 news stories per day.

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  • News ID: #20683550
  • URL: https://beamstart.com/news/is-lidos-position-at-risk-17131263118527

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