Magic Internet Money (MIM) fell to approximately $0.87, representing a 13% deviation from its $1 peg.
According to NS3.AI, Blockaid detected the depeg on Arbitrum.
Blockaid said the move appears linked to a thin and imbalanced MIM liquidity pool on Arbitrum.
Magic Internet Money Drops to About $0.87, Deviating 13% From Its $1 Peg
2026-06-12 12:27:50
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