Yala has really encountered trouble this time. The official confirmation has revealed serious issues, and the latest update indicates that a large amount of BTC has already been withdrawn. The actions from institutions are quite obvious — basically, all transferable assets have been emptied.
A portion of BTC is temporarily locked due to lending agreements and cannot be withdrawn, but the key point is that these institutions do not even want the corresponding YU tokens anymore and are simply giving them up. What does this kind of action signify? Essentially, it is already a retreat.
Retail friends need to be vigilant, as this kind of sign is usually not a good signal.
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SatoshiSherpa
· 4h ago
Institutions have all run away, and they don't even want the tokens? This is a death signal, indicating that they have no confidence in the future.
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GasFeeCrier
· 11-30 00:31
With institutions all gone, why keep the YU Token? Isn't this just a clear signal? Do they really think retail investors are foolish?
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HashBard
· 11-29 07:51
when institutions start ghosting their own tokens, that's not a red flag anymore—it's the whole damn pole falling over
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APY_Chaser
· 11-29 07:50
The institutions have all run away, and even YU is no longer wanted. This is really something... They truly consider retail investors as the last dumb buyers.
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LiquidatorFlash
· 11-29 07:29
Institutions have even thrown away YU, and the clearing risk threshold has already been triggered. Borrowing positions are locked + assets have significantly flowed out, indicating that the risk control mechanism is virtually non-existent.
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The withdrawal of BTC... familiar routine, Luna played this way last time too. The signal is often this before the leverage ratio drops.
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Directly giving up YU Token? Wow, isn’t that saying that the collateral ratio has collapsed. The retreat actions of institutions never lie.
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Wait, the lending protocol locked up BTC and there’s still so much outflow? Is it a smart contracts vulnerability or something? This doesn’t seem right.
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I just want to ask, if retail investors are still in, how far away is the clearing? This data looks like it can’t hold up much longer.
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Here we go again... asset liquidation, token abandonment, liquidity crisis. PTSD is acting up again, I’ve seen this script before, and there are no good outcomes.
Yala has really encountered trouble this time. The official confirmation has revealed serious issues, and the latest update indicates that a large amount of BTC has already been withdrawn. The actions from institutions are quite obvious — basically, all transferable assets have been emptied.
A portion of BTC is temporarily locked due to lending agreements and cannot be withdrawn, but the key point is that these institutions do not even want the corresponding YU tokens anymore and are simply giving them up. What does this kind of action signify? Essentially, it is already a retreat.
Retail friends need to be vigilant, as this kind of sign is usually not a good signal.