Anthropic's amended IPO filing reveals $69.8 billion in compute and lease bills due in the next 12 months after costs jumped 382% year-over-year in Q3, with total commitments reaching $447.5 billion by 2030.

According to @lookonchain, a recent liquidation event resulted in collateral being insufficient to cover outstanding loans. The remaining bad debt amounts to 1.18M CAKE and 1.84M THE, leading to a total shortfall of approximately $2.18M. This highlights significant risks associated with over-leveraged positions and insufficient collateral in cryptocurrency lending platforms.