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27 DeFi lending platform Aave sees a rare $27 million liquidations after a price glitch

CoinDesk
Margaux Nijkerk @ CoinDesk 1 place · today 18:15 EDT

DeFi lending platform Aave sees a rare $27 million liquidations after a price glitch

The blockchain data flagged shows a spike in liquidations over the past 24 hours. Some observers believe the event may have been linked to a price update in an oracle system that Aave uses to determine the value of collateral.

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