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Crypto DeFi

Address Buys YT reUSD, Pushes Implied Yield to 20%, Then Dumps, Triggering $36.39M Liquidation on Morpho

An address purchased YT reUSD, driving the implied yield to 20%, then sold off, causing a $36.39 million liquidation on the Morpho lending protocol. The event highlights the volatility in DeFi yield markets and the risks of leveraged positions.

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