Sentiment: Unknown
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This Metric May Have Signaled The Ethereum’s Plunge Below $1,800
By Hououin Kyouma at 2026-05-09 11:32
Sentiment: Unknown
Here’s the on-chain indicator that may have foreshadowed the recent dip in the price of Ethereum below the $1,800 level. Ethereum Has Plunged After Multi-Collateral Dai Repaid Metric Spikes According to data from the on-chain analytics firm Santiment, 43.4 million Dai was repaid in Wrapped ETH (WETH) during the past day. Multi-Collateral Dai (DAI) is […] Continue reading...
Categories: Ethereum
Tags: #Ethereum #Dai #ETH #Ethereum Bearish #Ethereum Dip #ethusd #Stablecoin Dai
Source Bitcoinist