PeckShieldAlert said a wallet identified as 0x854e...690d bought YT reUSD on the market, pushing the implied yield up to 20%, and then quickly sold the position. The move went on to trigger the liquidation of roughly $36.39 million in PT reUSD looped positions on Morpho. The development was cited by ChainCatcher in a brief market update. No additional details on the wallet owner or the precise execution timeline were disclosed in the source text. The reported sequence of trades links a sharp move in YT reUSD pricing to liquidations tied to PT reUSD positions on Morpho, based on PeckShieldAlert’s monitoring.
ChainCatcher reported, citing monitoring by PeckShieldAlert, that wallet address 0x854e...690d bought YT reUSD on the market and pushed the implied yield to 20%.
The wallet then quickly sold the position, triggering the liquidation of about $36.39 million in PT reUSD looped positions on Morpho.
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