MulticoinCapital Managing Partner: Continuing Ethereum congestion could lead to a resurgence of DeFi's 'Black Thursday' story.

As NewsBTC reported, the DeFi ecosystem suffered a major setback for Black Thursday in March. Tushar Jain, Managing Partner of Multicoin Capital, sees further integration into the Ethereum network as a potential catalyst for further events. “The risk is reduced when there is a change. ETH rates are determined by DeFi leverage, and the leverage should be closed, but what if? Liquidity is too much. May repeat itself in the story of March 12. "