Another Terra? Kuji token crashes as team’s position gets liquidated

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10 months ago bitnews

Cosmos crypto project Kujira is facing a massive liquidation event that has seen its token KUJI tank by over 47% since early Thursday. The team claims their leveraged positions were attacked. Kujira Foundation is said to have four leveraged LP positions – KUJI/USDC, KUJI/ATOM, KUJI/USK, and USDC/USK – on its Ops wallet. These positions are