Although crypto prices are recovering slightly after yesterday’s sharp sell-off, But the volume of settlements in the lending market Ethereum Monthly payments are the highest in many years. Even though April is less than half gone.
followDashboard informationThe Block’s liquidation of nearly $80 million in lending protocol Aave and the liquidation of nearly $50 million in Compound accounted for the majority of the liquidations.
The last month that liquidation volumes were this high was June 2022, the month after the collapse of the $40 billion Terra ecosystem.
fromCoinGlass information It found that crypto settlements amounted to nearly $1.7 billion over the past three days. Most of the liquidation is on the long side.
refer : theblock.co
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