Data: Nearly $25 Million in On-chain Loaning Liquidation Exists.
The latest news: On September 19, according to parsec. finance data, ETH has about $24.8 million in cleared on-chain loaning around $1,109, which is mainly made up of compounds.
The merger allows ETH to undergo a massive structural shift, as fees will effectively be reduced to zero. This shift will give rise to the first massively structured demand asset in the history of cryptocurrencies.