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Aave Executive Reports $39 Million in Liquidations

Headline from The Defiant

Image: The Defiant

Key points

  • An executive at DeFi lending protocol Aave reported significant liquidation activity on the platform over a two-day period.
  • Luigi D'Onorio DeMeo stated that liquidations reached approximately $18 million on the first day and $21 million on the second day, totaling $39 million.
  • Details regarding the exact time zone or valuation methods used were not specified.

Summarized automatically by Kryptokite from reporting by The Defiant. Read the original sources for full detail.

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Sources

  • The DefiantAave Executive Reports $39 Million in Liquidations · 2 hours agoRead on The Defiant

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Kryptokite links to the original reporting and never republishes full articles. Summaries are written automatically and may contain mistakes; nothing here is financial advice.

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