Matrixport: ETH sets record for largest one-day volatility ever
2024-05-22 10:20:16
On May 22nd, Matrixport posted on the X platform that ETH has just set a record for the largest single-day volatility in history, which may be due to the news on May 20th that the SEC may approve the ETH ETF. ETH's previous largest volatility was concentrated in May 2021, when DeFi trading volume was near its peak and ETH pledges were hot. Two large fluctuations so far in 2024, mainly driven by policy (related to SEC and FOMC meetings).
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