The past week in the DeFi ecosystem saw major developments centered around the Ethereum Merge. CoinGecko Co-Founder Bobby Ong recently took to twitter to suggest removing all liquidity from DeFi protocols in order to take advantage of ETH PoW Token airdrops. Combined with max ETH borrow utilization, min liquidity everywhere, bridges turning off, exchanges halting deposits/withdrawal, exchanges possibly going down from load, and high gas fees... could we see one of the most chaotic weeks in the history of crypto?

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#ethereum #crypto #Bitcoin
~DeFi Doomsday | Ethereum Merge Liquidity Crisis Coming?~
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