PANews reported on November 14th that, according to PeckShieldAlert monitoring, after the price of Bitcoin fell below $100,000, a whale address (0xceef...ba42) had its long WBTC position on the decentralized lending protocol Compound liquidated. This address borrowed USDT and DAI by staking WBTC, ultimately resulting in the liquidation of a position worth $6.67 million.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.