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✳ #BTC Liquidated Short: $117K at $11659.94
✳ #BTC Liquidated Short: $114K at $25175.89
🟢 #BTC Liquidated Short: $58K at $60038.65
Forwarded from Sam Yap
BTC: BTC Paused
BTC is temporarily paused due to greatly increased mempool activity[1] triggering inconsistencies in observations, leading to inadvertent rescheduling and slashes. BTC actions will remain paused until this clears up.

The root cause here is when a transaction observation doesn't reach consensus within 300 blocks, leading to the transaction being rescheduled. If the original tx ends up getting confirmed, it is seen as unauthorized. Son of Odin has a draft PR out to address this here, comments are very welcome: https://gitlab.com/thorchain/thornode/-/merge_requests/2280

[1] https://jochen-hoenicke.de/queue/#BTC,24h,weight
🟢 #BTC Liquidated Short: $127K at $25602.20
🟢 #BTC Liquidated Short: $127K at $25721.70
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