BTC just hit 34K - and one whale's $70M short is dangerously close to liquidation on AAVE.
24 Oct 2023, 15:24
BTC just hit 34K - and one whale’s $70M short is dangerously close to liquidation on AAVE.
Big Lender 0x111 has a health of only 1.01 - and has been frantically winding down his positions as BTC rips into mid-30K prices.
Same news in other sources
3
24 Oct 2023, 15:39
Hey pNetwork Community,
the pNetwork Community Association has some big updates and proposals that they would like to share with you on the pNetwork Forum!
Quick summary of the discussion topics:
- 2024 Roadmap: Our plans and the challenges ahead
- Opportunities with pNetwork v3: What this means for the ecosystem
- Sustainable Inflation Plan: Three different scenarios for your feedback
- Inflation Protection: Special incentives for active DAO members
- Regulatory Landscape: How pNetwork v3 aligns with MiCA
- Community-Led Governance: community role in decision-making
Your feedback is crucial for shaping pNetwork's future, so we really want to hear your thoughts.
Read the document and join the conversation on the Forum!
Hey pNetwork Community,.
Hey pNetwork Community,
the pNetwork Community Association has some big updates and proposals that they would like to share with you on the pNetwork Forum!
Quick summary of the discussion topics:
- 2024 Roadmap: Our plans and the challenges ahead
- Opportunities with pNetwork v3: What this means for the ecosystem
- Sustainable Inflation Plan: Three different scenarios for your feedback
- Inflation Protection: Special incentives for active DAO members
- Regulatory Landscape: How pNetwork v3 aligns with MiCA
- Community-Led Governance: community role in decision-making
Your feedback is crucial for shaping pNetwork's future, so we really want to hear your thoughts.
Read the document and join the conversation on the Forum!
24 Oct 2023, 15:24
In reality, his liquidation price is likely to be a little higher, as ETH’s price generally increases with BTC.
You can watch these events in real-time on 0x111’s Arkham Profile:
In reality, his liquidation price is likely to be a little higher, as ETH's price generally increases with BTC.
In reality, his liquidation price is likely to be a little higher, as ETH’s price generally increases with BTC.
You can watch these events in real-time on 0x111’s Arkham Profile:
https://t.co/xC6ntb9Q0B
24 Oct 2023, 15:24
So what’s next?
This Big Lender needs to hope that BTC doesn’t continue to outstrip ETH’s performance - otherwise he may face forced liquidation.
If ETH’s price stays the same, bots will be allowed to liquidate this position once BTC stays above $35050 for 30 minutes.
So what's next.
So what’s next?
This Big Lender needs to hope that BTC doesn’t continue to outstrip ETH’s performance - otherwise he may face forced liquidation.
If ETH’s price stays the same, bots will be allowed to liquidate this position once BTC stays above $35050 for 30 minutes.