$70M in Fresh On-Chain USDC Positions at Risk of Liquidation if Stablecoin Depegs by 10%

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Traders using decentralized finance (DeFi) protocols to bet on a USDC revival over the weekend are at risk of eight-figure liquidations if the stablecoin loses its $1 peg again this week.
Publish at: March 13, 2023 at 03:07PM