NewsBTC
2020-11-07 22:00:30

Yearn.finance (YFI) Posts Massive Short Squeeze; Sparks DeFi Trend Reversal

The DeFi sector is rallying today, with Yearn.finance’s YFI governance token leading this move with a massive rally that first came about yesterday after the crypto nosedived to lows of $7,500. The support at this level was significant. After tapping this liquidity region, the rally seen catalyzed a cascade of liquidations of YFI short positions […]

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