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via Cointelegraph · By Cointelegraph Staff

New York Judge Pushes Back Hearing for Aave’s Bid to Unfreeze $71M in ETH

ETH

ETH/USDT

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-2.10%
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$17,616,174,963.90

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$1,660.54 / $1,532.90

Change: $127.64 (8.33%)

Long/Short
78.5%
Long: 78.5%Short: 21.5%
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Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
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-3.63%

Volume (24h): -

Resistance Levels
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Resistance 2$1,638.25
Resistance 1$1,584.49
Price$1,563.29
Support 1$1,551.99
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Support 3$1,244.77
Pivot (PP):$1,585.58
Trend:Downtrend
RSI (14):30.3
CS
Cointelegraph Staff
(07:16 AM UTC)
1 min read
SC
Reviewed bySarah Chen
1028 views
0 comments

A New York judge has delayed a decision on Aave’s emergency bid to unfreeze $71 million worth of crypto tied to victims of the $293 million Kelp DAO hack, asking for additional information ahead of a new hearing in June. 

Aave has sought to use $71 million in ETH that Arbitrum froze to assist with recovery efforts following the Kelp DAO hack, one of the worst DeFi hacks this year.

However, US…

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Cointelegraph Staff · Cointelegraph

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