Ethereum Flash Crash Sends Price Under $950 on Uniswap

With Ethereum’s price down nearly 20% over the past day and hovering around the $1,200 mark this morning, many crypto investors and industry watchers are bracing themselves for a historic drop back into triple digits.

But it already happened late last night on decentralized exchange (DEX) Uniswap, albeit briefly, with the price of ETH hitting $950 after a whale dumped more than 65,000 ETH into the market.