Brothers, here comes the reason for the SSV plunge
Why did it plummet? There are two reasons
1. "The Palestinian-Israeli conflict intensifies, and Israel's recent mysterious operations"
(1) Yesterday, the Palestinian-Israeli ceasefire negotiations reached a deadlock, and I am afraid that the war will continue.
(2) At the United Nations meeting yesterday, Palestine officially joined the United Nations, which is not a good thing for Israel in the international community.
(3) The Israeli representative tore up the "United Nations Charter" with a shredder in public, which was jaw-dropping.
The founder of SSV is an Israeli who joined the army in November 2023. Therefore, Israel's recent behavior has made coin holders worried, and there has been a sell-off.
2. EigenLayer issued coins, and a large amount of Ethereum was withdrawn
We all know that SSV is the middleware for Ethereum staking. The more ETH staked, the higher the SSV protocol income. At present, after EigenLayer issued coins, investors have withdrawn the staked ETH, and SSV has also been affected.