I just managed to avoid a similar fate. And while I probably lost more by unstaking and withdrawing my loop farming . some 50% drop since I started 15 days ago. It certainly doesn’t help when the “line is blocked and its to 'busy to finish the transaction. Which on the loop site is given a positive note like its good that everyone is using terra at the moment. 'Guess why!” My take is many in terra are desparately trying to reduce their borrow rate and need to pull out of the various dapps etc and quickly. And its not like one had to be in a high risk borrow % its just been literally a “black swan event” acroos the board in crypto.