Yesterday, Bitcoin fell to its lowest level since October 2024.
This triggered margin calls for some borrowers. 1.7% of processed loans were impacted, affecting 0.6% of all platform users.
Meanwhile, 4,800+ users topped up collateral in the last 7 days.
If you have an active loan, here's what matters:
✅ You get three margin call warnings on Firefish (at CHI 33%, 22%, 11%) before liquidation at CHI 0%. These give you time to respond.
✅ Your options: Add Bitcoin collateral (instant) or pay down your loan (takes longer).
Firefish
npub1ru…lwjhl
2026-02-06 20:26:21 UTC
Author Public Key
npub1rucdsw985vra5wgsxxml4h5qjrlhyz8064u858mcgq022c5jtm4q6lwjhlSeen on
wss://relay.fountain.fmPublished at
2026-02-06 20:26:21 UTCEvent JSON
{
"id": "9b2d733225082eb04bb0d79605d76f2af33952f9aad2b8388b1abbbeabddda2b",
"pubkey": "1f30d838a7a307da391031b7fade8090ff7208efd5787a1f78401ea562925eea",
"created_at": 1770409581,
"kind": 1,
"tags": [
[
"r",
"wss://relay.primal.net/"
]
],
"content": "Yesterday, Bitcoin fell to its lowest level since October 2024.\n\nThis triggered margin calls for some borrowers. 1.7% of processed loans were impacted, affecting 0.6% of all platform users.\n\nMeanwhile, 4,800+ users topped up collateral in the last 7 days. \n\nIf you have an active loan, here's what matters:\n✅ You get three margin call warnings on Firefish (at CHI 33%, 22%, 11%) before liquidation at CHI 0%. These give you time to respond.\n\n✅ Your options: Add Bitcoin collateral (instant) or pay down your loan (takes longer).",
"sig": "7ee17ed7f848274767b571e2691014799b501a5e46bccc7c7f333a7dc51ade7fc7ef851d8dd0d0e15d2dc24ae09dff048254548516620137c9904a50b2b7b06b"
}