ETH Breakthrough to Spark CEX Clearing Obligations
Data from various sources suggests that if Ethereum (ETH) were to break through $2,013, major centralized exchanges (CEXs) would face a significant clearing obligation of $627 million.
Currently, ETH is trading at around $1,800, leaving a considerable gap between its current price and the predicted threshold. However, the market's volatility has been evident in recent times, with prices fluctuating rapidly.