It's raining blood.This headline: "ETH Locked in DeFi Crosses 3 Million, Accurately Predicting Ethereum’s Latest Rally" (source: https://ift.tt/2Px4LSi then this headline: "As Ethereum crashed 15%, stagerring $3 million DeFi loans got liquidated" (source: https://cryptoslate.com/as-ethereum-crashed-15-stagerring-3-million-defi-loans-got-liquidated/)59% of liquidations happened on dydX Protocol and 40% are from Compound Finance.Ankit Chiplunkar on Twitter: "One liquidation event earned a profit of $40k DAI in a single transaction. It also destroyed 49 contracts (via gasToken) consuming less gas and pay a fee of only $8.Another liquidation event paid $580 in fees (2.5ETH) to earn a profit of $2.5k DAI in a single transaction. A total of 125 transactions have paid more than 1 Eth via fees to miners, almost all related to liquidation events."
Submitted February 28, 2020 at 06:51PM
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