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The Nexus
BUSINESSApr 25 · 08:07 UTCR/CRYPTOMARKETS/u/badplayz99

Is MEXC on the verge of liquidation?

MEXC faces potential liquidation due to a $260 million debt on Aave, with daily interest costs of $110k and a Health Factor of 1.01 (liquidation at 1.00). Cascading Ethereum liquidations could occur if the debt is forcibly closed.

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