The stETH slide and what it means for crypto liquidity

In the past week the crypto token stETH untethered from the coin it is supposed to track, trading at a discount as deep as 7%. Crypto borrowing and lending platform Celsius Network, which was a heavy investor in stETH, was forced to block customers from withdrawing deposits. Experts say Celsius and other market participants have come within days of forced unwinds that would trigger a still bigger