A 3% token move just triggered $36 million in Ethereum DeFi liquidations
One wallet bought heavily into a yield token, which pushed the price of its paired principal token down just enough to trigger liquidations across borrowers using it as collateral.
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Fresh in the current trading session. A tracked entity is involved.
Why this matters
Ethereum is showing up inside the DeFi theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
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