In the past week, Aave liquidated close to $300 million, an all-time high
According to the latest data from IntoTheBlock, Aave has experienced the largest liquidation in its history over the past week, with close to $300 million liquidated. With ETH down 25%, most of the liquidation stemmed from a stablecoin loan collateralized by (wst) ETH. The agreement stayed strong, adding $6 million to the Aave DAO's profits.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Humanity Protocol rises 11% as longs control 66% of Open Interest – $0.169 in focus
Analyst Says XRP Is Two Major Breakouts Away
XRP Army Reacts As Pundit Says Bitcoin Will Pump But XRP Will Go Parabolic
Crypto prices
More
