In a complex tangle of smart contracts, governance proposals, and fluctuating crypto prices, the financial health rate of the infamous Binance BNB Bridge exploiter address (0x48…9bec) has fallen below the critical value of 1, hovering at 0.99. This development is of particular interest, given that the address holds a significant collateral of 784,616.10 BNB and a debt position in the form of USDT and USDC totaling $124 million.
The plummeting health rate comes amidst the fall of Binance Coin (BNB) to $207.9, well below the pre-determined liquidation price of $210.80, leading to increased speculation about potential liquidation scenarios.
As per a tweet from blockchain security firm PeckShield: “The health rate of the BNB Bridge Exploiter on Venus is 0.99. BNB has dropped to $207.9. The Venus community has passed a governance proposal to whitelist liquidation of the BNB Bridge exploiter’s position before.”
Liquidation Contingency: The Binance Plan
He Yi, the co-founder of Binanc
We współpracy z: https://www.newsbtc.com/news/binance-coin-drops-below-210-bnb-bridge-hacker-in-trouble/
