Loan Liquidations Surge to $81.2M

Loan liquidations increased +167% month-on-month to $ 81.2m.

The spike was driven by a forced liquidation event by @VenusProtocol due to a phishing attack.

A total of $ 50m were liquidated by Venus Protocol contributing 61% to total liquidations.

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More details on the phishing attack, here: Phishing Post-Incident Analysis

Phishing attack TLDR: Phishing Attack Updates + Lightning Vote

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