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via Cointelegraph · By Cointelegraph Staff

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

ETH

ETH/USDT

$1,559.92

-3.90%

$1,559.92

-3.90%

(24s)

24h Volume

$15,234,088,290.31

24h H/L

$1,660.54 / $1,532.90

Change: $127.64 (8.33%)

Long/Short

79.2%

Long: 79.2%Short: 20.8%

Funding Rate

-0.0032%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,564.76

▼ -0.20%

Volume (24h): -

Resistance Levels

Resistance 3$1,710.32

Resistance 2$1,658.47

Resistance 1$1,583.57

Price$1,564.76

Support 1$1,532.90

Support 2$1,483.16

Support 3$1,244.77

Pivot (PP):$1,565.28

Trend:Downtrend

RSI (14):30.4

Cointelegraph Staff

(03:14 PM UTC)

1 min read

Updated bySarah Chen

1404 views

0 comments

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Cointelegraph Staff · Cointelegraph

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