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Re:Solend is now voting to reverse the decision to interfere... by granddemolisher on Monday June 20, 2022 @01:03PM (#31812709)
He is getting bailed out by people who has interest in keeping SOL up.

There are a few individuals and firms invested in solana ecosystem bailing out companies in the background right now which is increasing the price for liquidation.

Even if he got liquidated, then he could just buy sol at cheap due to contagion from his relatively stable loan in stablecoins and many investors will still need to bail out to recoupe their sol investment. He also could have short positions.

It's the most optimal move for someone with that big stake.

Hilarious.

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