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via Cointelegraph · By Cointelegraph Staff

Arbitrum Poised to Unfreeze $71M ETH Passes With 90% in Favor

ETH

ETH/USDT

$1,878.95
-0.19%
24h Volume

$2,781,415,205.10

24h H/L

$1,892.31 / $1,869.17

Change: $23.14 (1.24%)

Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate

+0.0028%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,875.34

-0.04%

Volume (24h): -

Resistance Levels
Resistance 3$1,932.34
Resistance 2$1,910.65
Resistance 1$1,884.13
Price$1,875.34
Support 1$1,865.97
Support 2$1,837.64
Support 3$1,795.03
Pivot (PP):$1,879.16
Trend:Sideways
RSI (14):49.6
CS
Cointelegraph Staff
(03:14 PM UTC)
1 min read
SC
Updated bySarah Chen

A joint proposal to release the roughly $71 million in Ether frozen after the Kelp DAO exploit is set to pass later on Thursday, moving a cross-protocol recovery effort closer to restoring part of rsETH’s backing.

Over 90.5% of the tokens were cast in favor of the motion, representing 173.9 million Arbitrum (ARB) tokens, while 9.4%, or 18.1 million tokens, abstained. Less than 1%, or 1,700 tokens…

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Source

Cointelegraph Staff · Cointelegraph

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