$WLFI On the Brink of a Death Spiral. ๐๐
With $WLFI hitting a record low of $0.0885 today, the liquidation fears are very real. The teamโs $440M+ collateral position is almost impossible to exit safely given the thin market depth.
If the price drops much further, the Dolomite protocol could face a systemic failure, leading to a massive deleveraging event.
We are watching a high-stakes gamble play out in real-time, and right now, the odds are against the holders. Don't ignore the mathโthis is a dangerous setup.๐๐
WLFIUSDT
Perp
0.0754
-0.39%