🐻 How bearish the market is? stETH farming pool balance turn negative again.💡

By Candlestick | Candlestick | 21 Jun 2022

stETH:ETH is an essential indicator of market sentiment.

Large liquidity REMOVAL on Jun 20 $-1.28M.

$stETH Top 2 Addresses Balances 1-d changes turned NEGATIVE again.

- AAVE interest bearing stETH $-44,886M
- lido: curve liquidity farming pool $-3.4M

stETH: ETH price ratio is another signal to understand the market sentiment. Now stETH price is lower than ETH.

Resources

https://www.candlestick.io/crypto/staked-ether/

Cryptocurrency Ethereum (ETH) DeFi LIDO stETH

How do you rate this article?

Candlestick

Crypto Trading Signals & Analytics for Alpha Traders 20+ Exclusive Actionable Signals, 60+ Charts & Metrics, 20+ Smart Money Charting, 99% of Trades & Liquidity Activities.

Candlestick

Crypto Trading Signals & Predictions for Alpha Traders 20+ Exclusive Actionable Signals, 60+ Charts & Metrics, 40+ Smart Money Charts, 99% of Trades & Liquidity Activities.