Coinbase's crypto collateralized lending product has seen its highest liquidation scale since launch amidst significant drops in Bitcoin and Ethereum this week: According to Dune data, cumulative liquidation losses over the past 7 days amounted to approximately $170 million, with single-day liquidation on Thursday reaching about $90.7 million, affecting around 2,000 users who had their collateral assets liquidated. The related loans are executed through the DeFi platform Morpho, with default over-collateralization; if collateral assets drop another 50%, potential liquidation scale could reach $600 million. (Decrypt) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=56319