I discussed the following with friends in the group for quite a while: Hifi Finance was taken over through DAO governance, and around $1 million in users’ collateralized assets was transferred.
It looks negative on the surface, but whether it was already priced in depends on how things have moved over the past few days.
A friend asked me whether they should act on this news. I usually say: first work out your position size, then decide.
$BTC (24h -1.07%).

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