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BlockBeats News, January 15, according to HyperInsight and CoinGlass monitoring, PUMP dropped about 8.4% in a short period and is now quoted at $0.00264; FARTCOIN fell more than 13%, now quoted at $0.373. In the past hour, about 99% of the liquidation orders for both tokens on the Hyperliquid platform were long positions, accounting for 97.6% and 95.5% of the total liquidation volume for each token across the network, respectively. This large-scale liquidation was mainly caused by a whale address (0xbaa). This address is simultaneously the second largest long holder of PUMP and the largest long holder of FARTCOIN on-chain. Monitoring shows that its PUMP long positions suffered two large liquidations within half an hour, totaling approximately $14.32 million, with a loss of about $470,000. The next liquidation price is around $0.00218; FARTCOIN long positions were also liquidated for about $11.16 million, with the next liquidation price expected to be around $0.348. Currently, the total position size of this whale account has been reduced to about $5.86 million.

BlockBeats News, January 15th, according to HyperInsight and CoinGlass monitoring, PUMP experienced a short-term drop of about 8.4%, currently trading at $0.00264; FARTCOIN plummeted over 13%, currently trading at $0.373. In the past hour, about 99% of the liquidation orders on the Hyperliquid platform for both were long positions, accounting for 97.6% and 95.5% of the coin's total liquidation volume, respectively. This large-scale liquidation was mainly caused by a whale address (0xbaa). This address is the second largest long on-chain for PUMP and the largest long for FARTCOIN. Monitoring shows that its PUMP longs suffered two consecutive large liquidations within half an hour, totaling about $14.32 million, with a loss of about $470,000, and the next liquidation price is around $0.00218; FARTCOIN longs were also liquidated simultaneously for about $11.16 million, with the next liquidation price expected to be around $0.348. Currently, the total holdings of this whale account have been reduced to around $5.86 million.

PANews reported on January 15 that the DeFi protocol YO released a review of the yoUSD incident, stating that the yoUSD vault has fully resumed operations and funds are secure; the incident originated from an unfavorable automatic swap operation, resulting in a $3.7 million funding gap, which has been fully covered by YO's vault; user balances were not affected, and the protocol's solvency was not impacted. Previously, on January 13, it was reported that YO Protocol experienced an abnormal Swap transaction, where approximately $3.84 million worth of stkGHO was exchanged for only $122,000 USDC.