🚨 $1.26B Unstaked From Babylon — TVL Drops 32% in 24 Hours! 💥📉

Babylon, the $BTC staking platform, just saw a massive $1.26B Bitcoin unstaking event, slashing its Total Value Locked (TVL) from $3.9B to $2.6B. The move triggered a 32.7% TVL decline, and its native token $BABY plunged nearly 10% in 24 hours. 🪙⬇️

🧠 What’s going on?
• 14,929 $BTC unstaked on April 17
• $BABY token now trades at $0.80
• Market reacting to uncertainty, despite protocol reassurances
• Lombard Finance clarifies: it’s part of a planned finality transition

🧩 Some speculate trouble in BTC-based DeFi, while others see this as temporary restructuring before restaking resumes. Either way, Babylon’s latest move is shaking the DeFi space.

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📢 Will $BABY rebound after the unbonding? Or is the selloff just beginning?
Drop your prediction below! ⬇️💬

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