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via Cointelegraph · By Cointelegraph Staff

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

ETH

ETH/USDT

$1,943.44

+3.43%

$1,943.44

+3.43%

(24s)

24h Volume

$7,313,583,083.82

24h H/L

$1,967.36 / $1,877.06

Change: $90.30 (4.81%)

Long/Short

59.0%

Long: 59.0%Short: 41.0%

Funding Rate

+0.0065%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,942.76

▼ -0.61%

Volume (24h): -

Resistance Levels

Resistance 3$2,148.26

Resistance 2$2,023.96

Resistance 1$1,976.22

Price$1,942.76

Support 1$1,939.16

Support 2$1,897.02

Support 3$1,856.58

Pivot (PP):$1,931.98

Trend:Uptrend

RSI (14):61.9

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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