[Coin World] The recent big dump of ETH is truly not without reason. Yearn Finance has exposed a security vulnerability, which directly triggered the futures market—over $600 million in positions were liquidated, and the scene was quite tragic. A large investor from Taiwan was particularly affected, with part of a high-leverage position of 3,300 ETH getting liquidated.
To be honest, the sudden activity of a dormant wallet is already nerve-wracking enough, with all sorts of FUD flying around on Twitter. But this time it's different; the real trigger is the vulnerability in the DeFi protocol. Right now, ETH is like standing on the edge of a cliff, and market sentiment is very fragile. It seems we will have to continue the fluctuations. At times like this, it's really best to avoid leverage; staying alive is more important than anything.
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MevTears
· 7h ago
Again and again, Get Liquidated, this time Yearn really pumped
The leveraged traders are probably still dreaming, 600 million dollars just vanished
This pit of DeFi, really can't be guarded against, can't even dare to close my eyes while sleeping
3300 ETH directly disappeared, how strong must the Large Investors' mentality be
It was said that living is the most important, yet some still went all in with high leverage, crazy
The Yearn team is going to suffer a lot this time, trust value plummeting
Looking at this chain reaction, I feel it will continue to crash, if retail investors can survive, it would be considered a win
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LayoffMiner
· 7h ago
Leverage is something, and the ones who always lose money are the retail investors... another bloody lesson.
Here we go again, DeFi is in trouble again, when will it ever calm down?
600 million dollars, how many people will go bankrupt over this... I feel for that guy's 3300 E.
Yearn is stirring things up again, really, these protocols should have insurance.
Is it hanging on the edge of the cliff this time? It should have been on track long ago, but there are too many pits.
Surviving is winning, remember everyone, don’t get crushed in futures.
The market is the hunter, and we are all the prey, stay alert everyone.
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HodlTheDoor
· 7h ago
Leverage traders have to pay tuition again, 600 million dollars just gone, Yearn's vulnerability is really something else.
Another bloody lesson, do we have to keep rushing into the gunfire?
Defi vulnerabilities = liquidation feast, always remember this formula, everyone.
ETH is now a landmine, true hodlers should sit on the sidelines counting money.
Dormant wallets are just the fuse, but it's one's own greed that really blows them up.
That's why I never use leverage; just staying alive is winning.
Isn't a 600 million liquidation enough to wake you up? The next one will come.
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BearMarketBarber
· 7h ago
The leveraged traders really got rekt this time, 600 million just vanished like that, Yearn's vulnerability was too severe.
Another living lesson, good thing I deleted the leverage app long ago.
This wave of ETH still has to fall, the problem isn't fully resolved yet.
Watching those 3300 ETH get liquidated is really... a bit pitiful, but they deserve it.
When a DeFi protocol has issues, it's this cruel, whoever touches it dies.
Really, don't be greedy everyone, it's better to stay alive to wait for the next bull.
View OriginalReply0
RugpullTherapist
· 7h ago
The leveraged traders got liquidated again, this time Yearn is really to blame. 600 million dollars, just like that, gone.
Playing with high leverage is like betting your life, this time they should learn a lesson.
Yearn hasn't even fixed the vulnerabilities and still dares to use it, really gutsy.
It's normal for FUD to be flying around during these times, ETH hasn't completely bottomed out yet.
A guy from Taiwan got liquidated with 3300 ETH, I feel sorry for him...
Why are people still all in when DeFi is so unsafe, I just don't get it.
A wave of liquidations is coming, and it’s likely to get worse.
Staying alive is indeed more important than making money, let’s take this as a lesson.
600 million Get Liquidated! Yearn vulnerability triggers ETH futures massacre.
[Coin World] The recent big dump of ETH is truly not without reason. Yearn Finance has exposed a security vulnerability, which directly triggered the futures market—over $600 million in positions were liquidated, and the scene was quite tragic. A large investor from Taiwan was particularly affected, with part of a high-leverage position of 3,300 ETH getting liquidated.
To be honest, the sudden activity of a dormant wallet is already nerve-wracking enough, with all sorts of FUD flying around on Twitter. But this time it's different; the real trigger is the vulnerability in the DeFi protocol. Right now, ETH is like standing on the edge of a cliff, and market sentiment is very fragile. It seems we will have to continue the fluctuations. At times like this, it's really best to avoid leverage; staying alive is more important than anything.