Since April, the liquidation amount in the Ethereum lending market has reached a new high since June 2022
ChainCatcher message, The Block data shows that the loan liquidation amount in the Ethereum lending market for the first two weeks of April is the highest since June 2022. Among them, the liquidation amount for the lending protocol Aave is close to $80 million, while Compound's liquidation amount is close to $50 million.
The last month with a large liquidation amount was June 2022, which was one month after the collapse of the Terra ecosystem worth $40 billion.
In the past few days, the market crash has intensified loan liquidations. Coinglass data shows that in the past three days, the total liquidation amount in cryptocurrency is close to $1.7 billion, most of which are long positions.
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