LIQUIDATIONS News - Blockchain.News

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dYdX Utilizes $9M Insurance Fund Following Alleged Targeted Attack on YFI
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dYdX Utilizes $9M Insurance Fund Following Alleged Targeted Attack on YFI

dYdX deployed $9 million from v3 insurance fund to cover YFI market liquidations, suspecting targeted attack and market manipulation. No user funds affected, insurance fund remains at $13.5 million.

Bitcoin and Ethereum Bounce 3% After Liquidating Over $160 Million
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Bitcoin and Ethereum Bounce 3% After Liquidating Over $160 Million

Bitcoin's price dropped to $24,900 due to bearish sentiment and news, leading to over $160 million liquidation. However, a bullish RSI divergence boosted Bitcoin's rebound by over 3%.

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