Following the announcements to make Silicon Valley Bank (SVB) depositors whole, MKR’s price rallied by double digits. Due to DAI depeg, MakerDAO’s fee income slipped by 10% over the weekend. In response to recent developments, Maker’s [MKR] price experienced a substantial increase of nearly 30% in the last 24 hours. This surge followed the announcement […]
At press time, MKR exchanged hands at $915.60. With improved sentiment in the last 24 hours, MKR’s Open Interests shot up significantly, per data from. At $64.87 million at press time, MKR’s Open Interests rallied by 24% in the last 24 hours.
Typically, NPL dips often signal short-term capitulation of ‘weak hands’ and the re-entry of ‘smart money,’ according toSource: Santiment
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Signature Bank closed by New York regulators in fallout from implosion of SVBU.S. regulators are racing against the clock to stop a potential contagion from spreading to other lenders.
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