BNB reached the lowest price in the waterfall at 212 dollars, and the liquidation position of bnb worth 200 million US dollars on the chain was 217 dollars.

As a result, liquidation was not triggered. This time, crv is different from before. crv fluctuates too violently and link has a protection mechanism. Now bnb has stopped between 212-217 for a long time, which has enough time to trigger liquidation.

Although the Binance core team controlled this part of BNB in ​​the previous proposal, the chain continuously initiated liquidation when it reached 217 but the liquidation failed, resulting in the liquidation position actually being in vain.