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![BL_in_SV Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1599627667678015489.png) BL [@BL_in_SV](/creator/twitter/BL_in_SV) on x XXX followers
Created: 2025-06-23 14:22:59 UTC

This is the liquidation that made a lot of people happy over the weekend.  This happened on the Indigo protocol on the Cardano blockchain Over XXXXXX ADA of collateral was liquidated in one swoop.  Maybe the CDP holder lost confidence in ADA and thought the iUSD he borrowed will be more valuable, maybe he was on vacation and didn't have Internet access, maybe he just wasn't paying attention, in any case, that liquidated collateral was dispensed to iUSD stability pool depositors, who are the happy people I mentioned in the first line.

![](https://pbs.twimg.com/media/GuIms8tW8AAh0D4.jpg)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1937154421936517632/c:line.svg)

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[Post Link](https://x.com/BL_in_SV/status/1937154421936517632)