BTC has started to fall since yesterday, and ETH is still relatively strong from the market perspective. However, as the market declines further, the amount of ETH pledged withdrawals has also increased. Judging from the data on April 20, the withdrawal amount of ETH has exceeded the pledged amount three times. As the price drops further, it is estimated that more and more pledged ETH will be put forward for hedging in the future, forming a death spiral. risks of. #eth2.0 #ETH #BTC #Binance #Web3