Yearn token YFI plummeted by more than 35%, and more than $4.7 million in funds were liquidated

According to Wu, in the past 24 hours, the YFI token of the old DeFi platform Yearn plummeted by more than 35%, and more than $4.7 million of funds were liquidated. At 8 a.m. today, the YFI contract position was as high as $160 million. At present, the YFI positions of major platforms have dropped significantly.