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WILD fell more than 60% in a single day due to a series of liquidations, Arthur Hayes stated that he has bought the dip.
Odaily News Wild World Token WILD today fell 63.3% due to a chain liquidation. Arthur Hayes posted on X stating: “Please fully understand the risks of using leverage and debt in the DeFi space; this liquidation could have been avoided. That said, I would still like to thank it for allowing me to accumulate some WILD tokens at a lower cost. I am very much looking forward to the official launch of Open World in December.” According to Wild World developer n3o, this flash crash of WILD was not caused by any security vulnerabilities or attacks, but rather by a chain liquidation event stemming from the WILD PeaPods lending pool. The protocol did not suffer a hacker attack, no user funds were stolen, and the core system of Wilder World did not experience any failures. Liquidation is still ongoing, and it is expected that once liquidation is completed, the price will stabilize. The project still has sufficient capital reserves (12-24 months) to continue full development without being affected by token prices or recent capital inflows.