[IntoTheBlock: "High-risk" crypto loans on Benqi surge to $55 million, highest level in two years] Golden Finance reported that according to data tracked by analysis firm IntoTheBlock, the total amount of high-risk loans (defined as loans within 5% of the liquidation price) rose to $55 million on Wednesday, the highest level since June 2022. Cryptocurrency traders typically obtain loans from decentralized lending platforms by locking up collateral in the form of digital assets. The risk here is that if the value of the collateral falls too much, the protocol will liquidate the debt by selling the collateral. A loan within 5% of the liquidation price means that if the price of the collateral falls by 5%, it will no longer cover the loan, triggering liquidation.