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The Daily Hodl 2024-09-10 00:00:21

Crypto Whale Facing Liquidation of $26,470,000 WBTC Position on Compound: Lookonchain

A crypto whale with a $26.47 million position in Wrapped Bitcoin (WBTC) is cutting it close after barely escaping liquidation last Friday. According to on-chain data tracker Lookonchain, a deep-pocketed whale with an Ethereum (ETH) address beginning with Oxceef was close to being liquidated on the decentralized finance (DeFi) platform Compound after Bitcoin dropped to The post Crypto Whale Facing Liquidation of $26,470,000 WBTC Position on Compound: Lookonchain appeared first on The Daily Hodl .

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