Morpho liquidates 4.18 million XRP as 883 cbXRP-backed positions unwind on Base
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⚡ 4.18 million cbXRP liquidated as Morpho sees 883 positions unwind in just a week.
📉 Nearly $53.53 million in USDC loans still backed by $XRP after liquidation.
📝 Liquidations follow sharp market drop and fresh warnings over DeFi borrowing risk.
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