Aave is a protocol that operates on Ethereum and stands out as a decentralized lending market. On November 14, Luigi D’Onorio DeMeo, Aave’s head of strategy and business development, shared two days’ worth of liquidation data on X: Borrower liquidations totaled approximately $18 million the previous day and approximately $21 million that day. Thus, liquidations totaling approximately $39 million occurred over the two days.

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