XVS crashes 40% in one day, a whale suffers a liquidation loss of about $1.09 million within an hour
Foresight News reported, according to Ember monitoring, XVS experienced a flash crash of 40% within one day (dropping from $5.3 to $3.1). A certain whale purchased 532,000 XVS (worth $2.81 million) on Venus through looped lending the day before yesterday, and was liquidated for 287,000 XVS (worth $930,000) during the flash crash about an hour ago today, resulting in a loss of up to $1.09 million. The whale had previously collateralized XVS on Venus to borrow USDT and continued to buy XVS, borrowing a total of 1.4 million USDT to purchase 532,000 XVS.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Isa Energia Brasil announces dividend of R$ 0.188959 per share, payable Dec. 7
US ADP employment increased by 90,000 in September, far surpassing expectations; the nonfarm payroll report will face a crucial test
According to data released by ADP Research on Wednesday, U.S. private sector employment increased by 90,000 in September, marking the largest gain in three months and surpassing market expectations.
BUZZ-Celcuity shares surge as its breast cancer drug is launched in the US
Crypto prices
More
