90 Million Dollars Liquidated on Compound, Is It the Oracle Again?

According to Debank data, DeFi lending leader Compound experienced liquidations totaling $87,837,568 yesterday afternoon. November 26th proved to be another extraordinary day. After days of rapid gains, the crypto market suffered a significant pullback today, with exchange quote pages filled with red, mainstream coins such as BTC, ETH, and XRP all experiencing double-digit percentage declines. 24-hour contract liquidations reached $1.373 billion. However, the story didn't end there.