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Data: In the past 24 hours, the entire network has liquidated $427 million, with long positions liquidated at $273 million and short positions at $155 million.
2m ago
Pi Coin News Today: Pi Network activates Testnet 25, mainnet upgrade voting countdown, open network process acceleration
3m ago
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Data: Aave lending scale has decreased by approximately 70% since August, and DeFi leverage is waning.
PANews December 24 News, according to CryptoQuant data, DeFi leverage is waning. Since August, as prices declined and risk appetite decreased, Aave’s lending volume dropped by approximately 70%. However, on the Nexo platform, lending volume rebounded by 155% during the decline. Users are choosing to borrow against collateral rather than sell.