📊 DeFi liquidations hit yearly high above $400 million in past 24 hours amid market turbulence
On-chain liquidations across decentralized finance protocols on Ethereum have reached a new yearly high, with over $400 million in liquidated positions in the past 24 hours, according to data from Parsec Finance. This comes amid a substantial uptick in market volatility and a broad crypto market selloff. Earlier today, Bitcoin plunged to its lowest since February, dropping below $53,000, while ether hit a six-month low of about $2,300.
Source
@DeFi_Updates
On-chain liquidations across decentralized finance protocols on Ethereum have reached a new yearly high, with over $400 million in liquidated positions in the past 24 hours, according to data from Parsec Finance. This comes amid a substantial uptick in market volatility and a broad crypto market selloff. Earlier today, Bitcoin plunged to its lowest since February, dropping below $53,000, while ether hit a six-month low of about $2,300.
Source
@DeFi_Updates