https://onchainnotes.pages.dev/Daily reporting on on-chain liquidity, execution, liquidations and network operations, with traceable evidence for market researchers and analysts.Thu, 10 Sep 2026 14:34:21 +0000https://onchainnotes.pages.dev/curves-soft-liquidations-turn-a-price-cliff-into-a-slope/https://onchainnotes.pages.dev/curves-soft-liquidations-turn-a-price-cliff-into-a-slope/Thu, 10 Sep 2026 14:34:21 +0000Curve's LLAMMA sells collateral across price bands, buying borrowers time in a drawdown while shifting arbitrage losses and execution risk onto them.https://onchainnotes.pages.dev/liquid-recovers-3-400-btc-598-5-btc-still-outside/https://onchainnotes.pages.dev/liquid-recovers-3-400-btc-598-5-btc-still-outside/Thu, 10 Sep 2026 14:33:19 +0000The return restores 85% of the bitcoin drained from Liquid, but 598.5 BTC remains outside the federation wallet and the network is still paused.