A 3% token move just triggered $36 million in Ethereum DeFi liquidations

A 3% token move just triggered $36 million in Ethereum DeFi liquidations

One wallet bought heavily into a yield token, which pushed the price of its paired principal token down just enough to trigger liquidations across borrowers using it as collateral.

Original Source

Read the full article at Coindesk →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.