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MASSIVE Bored Ape NFT Liquidations! Disaster for NFT Markets Begins

MASSIVE Bored Ape NFT Liquidations! Disaster for NFT Markets Begins

“Several Bored Ape NFT holders borrowed against their NFT on BendDAO. Liquidation risk has been rising because Bored Ape NFTs floor price has been falling. BendDAO cofounder also risks being liquidated on his platform. To make matters worse, BendDAO is experiencing a bank run. The so-called “NFTfi” protocol saw its” As of today, this “MASSIVE…