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A major DeFi liquidity pool is unwinding its position in increments of 10k units, attempting damage control after a backstop liquidation event. The protocol has already absorbed north of $3 million in losses from this episode. Market observers are tracking whether the gradual exit strategy can minimize further slippage, or if the forced deleveraging will trigger additional cascading effects across connected protocols. This incident highlights the ongoing risks in automated market-making systems when volatility spikes catch liquidity providers off-guard.

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CoffeeOnChainvip
· 4h ago
A sudden plunge affects everyone involved.
View OriginalReply0
FlashLoanPhantomvip
· 4h ago
This round of losses was really devastating.
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SellTheBouncevip
· 4h ago
Cryptocurrency Trading is all about breaking levels.
View OriginalReply0
JustAnotherWalletvip
· 4h ago
Still have to explode if you miss the chance
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