The Ethereum price plunged over 8% in the last 24 hours as traders buy this meme coin ICO offering free Bitcoin.

More so, after Trump announced Paul Atkin’s as Gensler’s replacement, over $52 million worth of ETH short positions were rapidly liquidated relative to the $16.8 million longs on December 4.

Uniswap was among the weakest performers in Ethereum deposits, with total value locked (TVL) dropping 22.5% over 30 days. Other notable declines included Ether.fi (-18.8%), Lido (-17.3%), and Morpho ( ...