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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.

Photo: CoinDesk

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.

Originally published by CoinDesk. Read the full story at the source →

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