PeckShield said an address beginning with 0x854e bought reUSD YT tokens at market price, pushing the implied yield above 20%, and then quickly sold the position. The move was followed by liquidations of roughly $36.39 million in looping lending positions tied to reUSD PT on Morpho. The alert identified the sequence as a market buy in reUSD YT, a jump in implied yield, and a fast selloff. PeckShield did not provide extra details in the cited post beyond the address prefix, the affected tokens, the yield level, and the liquidation amount. The incident involved reUSD YT and reUSD PT on Morpho and was published through PeckShield’s monitoring feed.
PeckShield said an address starting with 0x854e bought reUSD YT tokens at market price, pushing the implied yield above 20%.
The address then quickly sold, leading to about $36.39 million in liquidations across looping lending positions involving reUSD PT on Morpho.
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