And now listen here 🤨
1. Liquidation in DEX occurs with a certain LTV and usually a small % penalty. I observed it before, they bit off a very small piece (apparently by a bot)
Jelena Titą
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Big Money on Ethereum is on the Brink of Liquidation
#NavigatingAlpha2.0 financial aesthetes, crypto nerds, and just fans of watching someone else's deposit burn! Listen up: two Ethereum giants, who have more money than I have words in this text (and that’s a challenge!), suddenly found themselves on the brink of financial harakiri. $84.4 million is no joke; it's the budget of a small state, but even such wallets sometimes forget that crypto volatility does not forgive mistakes.
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