why do people do this? dude had no business owning 11 @pudgypenguins, aped in using blend loans hoping to make a quick flip.one clipped fsh-ed all 11 into bids losing 0.4 eth on each pengu he bought less than a day ago.realizing a 4.4 ETH (USD $20k) loss all within 24 hours. ...

Loan crisis was avoided here btw.Down to 5 loans that are in auction and floor price stable at 10.4 ETH, a lot of sales last nightwale.moca 🐳 (@waleswoosh):In other news: More than 140 Pudgy Penguins loans on Blur could be liquidated within the next 24 hours.For all of them borrowed amount of ETH > current floor price (LTV > 100%) and >> highest loan offer, so borrowers are likely to default.In this case, lenders will receive https://t.co/8WtmmZyEZw ...

We talk Pudgy Penguins playbook, $Pengu in Bull Market, @AbstractChain TGE, with the CEO himself @LucaNetzIgloo Inc. CEO Luca Netz discussed how @pudgypenguins aims to grow its brand and business and increase its access to capital amid the bull market in 2025. He touched upon several trends in Web3, including crypto treasury firms, tokenized stocks and the resurgence in sports and other big-brand partnerships. ...

Pudgy Penguins are down 13.4% in the past week, sparking a wave of forced liquidations on @blur_io. https://t.co/DDgP2fQzI7 ...

@Rahim_mahtab Yep, this happened https://t.co/FSZTsjv2Jpwale.moca 🐳 (@waleswoosh):I've seen a few posts on the timeline about this pump in NFT floor prices being propped up by leverage and the potential dangers that come with it.So let's take a look at the big projects:Yes, we are seeing quite some leverage being used in Pudgy Penguins, Bored Apes, Azukis https://t.co/LTRlG6fqnu ...

'@pudgypenguins just reverse flipped @BoredApeYC.- 647 loans on the flightless birds- 252 loans on the bored apeswill never understand taking loans to buy a jpeg. if you can't afford it out right, buy a lil pudgy or a mutant ffs. https://t.co/DDo7Q1gwV4 ...

Luca Netz wants to be held accountable for taking Pudgy Penguins public within two years. Here's what the crypto-native IP has in store. https://t.co/ioOtetxKzx ...

The rally in ETH made JPEGs quite expensive lol.CryptoPunks close to a quarter million dollars.Pudgy Penguins at $60k USD, Bored Apes at $50k USD https://t.co/VZlUrOvTi2 ...

Pudgy Penguins on top. https://t.co/DE9DfXtWb5 ...

In the sea of dogs and frogs, @pudgypenguins holds top 5. 👏 https://t.co/oP7byNUPJm ...