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SideSwap Reports About 600 Redemptions After Reopening L-BTC Swaps

The Defiant·October 21, 2026·1 min read
SideSwap Reports About 600 Redemptions After Reopening L-BTC Swaps

SideSwap reported about 600 redemptions after reopening L-BTC swaps, paying users from its own bitcoin wallet while Liquid federation reserves still cover about 85.8% of outstanding L-BTC. The provider is using its own funds to meet demand, indicating a partial shortfall in reserves.

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