Wallet 0x854e…690d market-bought YT $reUSD, pushing the implied yield to 20% before quickly dumping the position. The move triggered about $36.39 million in liquidations on Morpho's PT $reUSD loop positions.
Wallet Dump Triggers $36.39M in Morpho PT $reUSD Liquidations
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.