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Liquidity Crunch Spreads to Crypto Lending as Institutional Borrowers Max Out Credit Pools

Multiple crypto investment firms received a “warning” label on lending protocol Clearpool for draining almost the maximum amount of credit from their credit pools.

By Krisztian Sandor

Updated Nov 9, 2022, 6:02 p.m. Published Nov 9, 2022, 1:35 a.m.

Several crypto investment firms drained almost all of their available credit from their credit pools on Clearpool. (Clearpool)