A significant discussion revolves around the potential liquidation of substantial ETH holdings by two prominent whales on MakerDAO. One whale holds 64,800 ETH, with a liquidation price of $1,788, while the other holds 60,800 ETH, facing liquidation at $1,701. The events have sparked significant concern within the crypto community, with many users expressing anxiety about the stability of the DeFi lending market and the potential impact of large liquidations on overall market sentiment. The events also highlight the risks associated with highly leveraged positions in the DeFi space and the importance of risk management practices for both individual investors and institutional players. There is also discussion about the role of oracles and their accuracy in triggering liquidations.

The cryptocurrency project SOON, built on Solana VM and integrated with the BNB Chain ecosystem, is generating considerable buzz within the crypto community. The project's recent surge in popularity is fueled by a significant increase in Total Value Locked (TVL) on its SVM chain, along with a 3x gain for early NFT holders. The project's official tweet was retweeted by Binance CEO Changpeng Zhao (CZ), further amplifying its visibility. Currently, a social media campaign involving Redpill Cabal is underway, offering potential airdrop opportunities to participants. This event is seen by many as a last chance to get involved before the Token Generation Event (TGE), leading to intense community engagement and discussion about the potential rewards and overall project prospects.