According to Wu, according to DefiLlama data, there are two large ETH positions on MakerDAO (now renamed Sky) that are on the verge of liquidation, with liquidation prices of $1786 and $1805 respectively. Since MakerDAO uses the Oracle Security Module (OSM), even if the market price falls below these liquidation points for a short period of time, these positions will not enter liquidation immediately. The system calculates the median as a reference price through the Medianizer contract and delays it for about 1 hour before applying it to prevent short-term fluctuations from being exploited. The former position was almost liquidated on March 11, and it was out of risk through immediate repayment and increased collateral; the latter position has no related operations for nearly 5 months.
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According to PANews, BNB Chain has performed well in the past week and has become the core driver of the surge in market activity. Since March 15, DEX based on BNB Chain has accounted for more than 30% of the total transaction volume of decentralized trading platforms for 6 consecutive days. Since March 17, the average daily fee on the chain has exceeded US$1.6 million, reflecting a sharp increase in network utilization. In the past week, BNB's price increase has surpassed Bitcoin, highlighting the resilience of the market's demand for it. Ecosystem tokens have performed well, with Meme tokens such as $TUT rising as much as 5,995%. Large-cap ecosystem tokens such as $Cake rose nearly 60% in seven days, $Form doubled in price, and $Bounce rose 64%.
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According to BlockBeats, on July 15, Bitcoin Magazine CEO David Bailey said on his social platform that he had just talked with the presidential team. He is in good spirits and will still give a speech in Nashville for the whole world to hear.
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