Assuming an additional 10% drop in the XRP oracle price, a range where 8.84 million USDC can be liquidated
Original headlineXRP 오라클 가격 10% 추가 하락 가정에 884만 USDC 청산 가능 구간
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A further 10% decline in the XRP oracle price would push 1,070 positions with roughly $8.84 million in USDC debt into liquidation range on Morpho's cbXRP/USDC lending market on Base, according to a CryptoSlate analysis of Morpho API data snapshotted at 10:24 p.m. KST on the 6th. A 5% additional drop would put 462 positions carrying about $3.23 million in USDC debt at the liquidation threshold, a subset included in the 10% scenario. The figures are conditional estimates that hold borrow amounts and collateral quantities fixed while lowering only the oracle price, not counts of realized liquidations or actual XRP spot sales. The analysis matters because it maps where oracle-driven liquidations could cluster on the Base-based Morpho market if XRP's price weakens further.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
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XRP (XRP), Morpho (MORPHO), Base, USDC, CryptoSlate
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