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Whale’s Strategic Rescue: Crypto Giant Averts Massive MakerDAO Liquidation with 2K ETH Deposit

BitcoinWorld LogoBitcoinWorld11h ago

Whale’s Strategic Rescue: Crypto Giant Averts Massive MakerDAO Liquidation with 2K ETH Deposit - BitcoinWorld

Quick Summary:

In the fast-paced world of decentralized finance (DeFi), where fortunes can swing wildly in the blink of an eye, a recent on-chain event has captured the attention of crypto enthusiasts and market analysts alike.

This was the situation faced by a crypto whale on MakerDAO, a leading decentralized lending platform.

The amount of DAI they can borrow is determined by the collateralization ratio, which is the value of the collateral relative to the borrowed DAI.


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Article Details

Author / Journalist: Editorial Team

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-10 @ 22:12:06 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 688 words

Reading Time: 4 minutes read

Sentences: 59 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 26865950

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About BitcoinWorld

BitcoinWorld Logo

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 51 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

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The story "Whale’s Strategic Rescue: Crypto Giant Averts Massive MakerDAO Liquidation with 2K ETH Deposit" was covered 11 hours ago by BitcoinWorld, a news publisher based in India.

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BitcoinWorld is a fully independent (privately-owned) news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 51 news stories per day.

It's most recent story was published 10 hours ago.

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  • News ID: #26865950
  • URL: https://beamstart.com/news/whales-strategic-rescue-crypto-giant-1741645202833

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