Lido Staked Ether declined sharply over the past 24-48 hours, trading down between 4% and 6% as Ethereum sold off broadly across the market. The liquid staking token, which represents ETH staked through the Lido protocol while maintaining on-chain liquidity, fell from $1,871.02 on June 3 to $1,788.63 on June 4, according to CoinStats market data. By the latest update, stETH was trading at $1,768.20, down 1.24% over 24 hours and 11.75% over the past week, reflecting sustained selling pressure in the broader Ethereum ecosystem.