Aave shows that the ETH borrowing APR has surged by up to 3.45 times, currently reaching 5.33%. This significant increase indicates heightened borrowing costs on the platform, reflecting market volatility and changing lending conditions.

Tom Lee—From Wall Street Strategist to Ethereum's Largest Bull

Author: Climber, CryptoPulseLabs Over the past few years, if you had to pick one person from Wall Street who understands how to frame Ethereum as a macro asset, Tom Lee would definitely be at the top of the list. For many traditional financial investors, he is the strategist who repeatedly emphasizes in the media that "U.S. stocks will rise, Bitcoin will rise, Ethereum will rise"; for participants in the crypto market, he’s more like an alternative narrative accelerant. Whenever the market is hesitant, cautious, or emotionally subdued, he often uses stronger language and more aggressive target prices to bring Bitcoin and Ethereum back into the spotlight of mainstream finance. But Tom Lee’s influence didn’t come out of nowhere. He didn’t start in the crypto world, nor did he build his reputation through social media hype; he is a classic Wall Street analyst. Having worked long-term in investment banks and research institutions, he specializes in macro

Data: If ETH breaks through $2,048, the total liquidation strength of mainstream CEX short positions will reach $820 million.

ChainCatcher News, according to Coinglass data, if ETH breaks through $2,048, the total liquidation strength of mainstream CEX short positions will reach $820 million. Conversely, if ETH drops below $1,854, the total liquidation strength of mainstream CEX long positions will reach $561 million.