🪙$BTC
BTC
66,611.06
-0.42%
The lesson learned today:
No matter how many advantages you may gain from having your coins in liquid staking on the platform, it will always be better to keep your coins.
Because no matter how much margin you might have on them, in events like these you can lose a significant percentage of your portfolio, even everything in some cases.
In this example, the loans that had SOL and ETH as collateral in Binance's liquid staking, when falling to prices of 2 and 3 digits respectively, completely liquidated the coins.
I wouldn't want to imagine those who had their BTC in some liquid staking of this style.
✅ lesson learned.