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A certain Address borrowed to go long on WBTC and was liquidated, with a liquidation amount reaching 6.67 million USD.
Odaily News According to monitoring by PI Shield, when Bitcoin fell below 100,000 USD, Address 0xceef…ba42 was liquidated on Compound due to going long on WBTC. This address previously used WBTC as collateral to borrow USDT and DAI, resulting in a total liquidation amount of 6.67 million USD.