$AAVE - Nasdaq-listed BTCS offloaded ETH below cost to keep its six-figure Aave loan from liquidation risk.
46,676 ETH collateralizes the 64M borrow position on Aave.
Liquidation threshold sits near 1,700 USDT per ETH if price keeps sliding.
The sale size and exact loss amount were not disclosed in the filing.
A large corporate borrower de-risking on-chain signals stress at current ETH levels, though the buffer remains intact for now.
$ETH
#Aave #DeFi
46,676 ETH collateralizes the 64M borrow position on Aave.
Liquidation threshold sits near 1,700 USDT per ETH if price keeps sliding.
The sale size and exact loss amount were not disclosed in the filing.
A large corporate borrower de-risking on-chain signals stress at current ETH levels, though the buffer remains intact for now.
$ETH
#Aave #DeFi