One address was liquidated due to WETH falling below $1700, resulting in a loss of 4480 WETH
News on April 7, according to PeckShieldAlert, an address was liquidated after mortgaging 9370 WETH and borrowing 12.8 million USDT when WETH fell below $1700. The liquidator seized a total of 4480 WETH, equivalent to about $7.26 million.
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
Williams: The Federal Reserve Currently Feels No Urgency to Take Action
Canton Foundation: DTCC Officially Becomes a Canton Network Super Validator Node
Market Analysis: Bank of Japan Unlikely to Raise Interest Rates Again Before June Next Year
Stablecoin infrastructure Nodu completes $1.45 million Pre-Seed funding round, led by Digital Space Ventures