Curve just had a one sided flush. In the last 30 minutes, exchanges closed $2.1M of leveraged $CRV long positions, bets on a higher price that ran out of collateral to cover the move.
Not one short position was liquidated in the same window. Short liquidations came to $0.00 across the major venues, so the entire hit landed on buyers using borrowed money.
The figure comes from the raw liquidation streams of the major venues and is a floor, not every venue in the market.
Not one short position was liquidated in the same window. Short liquidations came to $0.00 across the major venues, so the entire hit landed on buyers using borrowed money.
The figure comes from the raw liquidation streams of the major venues and is a floor, not every venue in the market.
