Due to a cascading margin call event, WILD experienced a price flash crash, prompting Arthur Hayes to post a buy-the-dip call.
BlockBeats News, November 4th, Wilder World team members posted an update yesterday stating, "At around 15:45 on November 3rd, WILD experienced a rapid flash crash, which is still ongoing. This event was not caused by a security vulnerability or attack but originated from a cascading liquidation event in the WILD PeaPods lending pool.
In short, our integration with PeaPods brought about unforeseen systemic risk, which we did not fully understand at the time. Unfortunately, under extreme market conditions, this risk was triggered, leading to forced liquidations and a sharp price drop."
BitMEX co-founder Arthur Hayes commented on this, saying, "Please make sure to understand the risks associated with leverage and borrowing in DeFi. You should never be liquidated. That being said, thank you for giving me the opportunity to buy more WILD tokens at a lower price. Can't wait for the Open World launch in December!"
At the time of the post, WILD had plummeted over 65% in the past 24 hours, with a market cap of $33 million.
You may also like
What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline
In such a crowded cross-border payment arena, where is the next stop for the future?
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
The large models in the United States are moving towards closure in the name of security
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet
Why do cryptocurrency projects always like to change their names?
Who is footing the bill for the $64 billion accounting frenzy?
I never expected that the first application of AI x Crypto would be in security auditing
What is your view on Binance's competitive advantages?
ETH has entered a non-consensus phase, and the turning point is approaching!
The shift in the cloud of the air: from despising stablecoins a year ago to the high-profile entry of capital today
The survival dilemma of small and medium exchanges behind the withdrawal anomalies exposed by AscendEX
Why Is Bitcoin Falling Below $60K? 5 Key Market Drivers Explained
Bitcoin has dropped sharply amid ETF outflows, Strategy stock weakness, AI stock rallies, and changing Fed expectations. Explore the key forces driving BTC’s latest correction and what traders should watch next.

