Crypto· Ethereum

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.

By AI NewsroomPublished about 7 hours agoUpdated about 1 hour ago3 views
A 3% token move just triggered $36 million in Ethereum DeFi liquidations

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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 synthesis pending human/AI review — generated by the stub provider by selecting real sentences from the source material, not by writing new analysis or commentary.)

Original source: CoinDesk

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