I think the liquidations are mostly over now. This is the wallet to track (Morpho): 0xBBBBBbbBBb... | OSF

I think the liquidations are mostly over now. This is the wallet to track (Morpho): 0xBBBBBbbBBb...

172 days ago•OSF•osf_rekt

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Note: AI-generated summary based on third-party content. Not financial advice. Read more.

Quick Insights

REKT experienced a significant 48% price drop due to on-chain liquidations, but the CEO believes the worst is over as a major liquidating wallet (Morpho: 0xBBBBBbbBBb9cC5e90e3b3Af64bdAF62C37EEFFCb) has reduced its holdings from 4.5% to 0.25% of the supply. This suggests potential stabilization for REKT as liquidation pressure subsides.

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By osf_rekt

CEO & Co-Founder @RektDrinks // $REKT