Nasdaq-listed ether treasury company BTCS has been selling ETH below its cost to keep a $64 million Aave loan safely away from liquidation.
In a quarterly filing on November 12, 2026, BTCS said it owed about $64.1 million on Aave as of November 9, backed by 46,676 $ETH worth roughly $99.3 million at $2,127 per coin, or about 155% of the debt. The company did not disclose how much ether it sold, and it reported no full or partial liquidations through November 11.
With Aave counting about 80% of the collateral, CoinDesk estimated a health factor near 1.24 and a liquidation line around $1,717 per ETH on those November 9 figures. Ether traded near $1,950 on November 13, so the cushion is thinner, and BTCS's position may have changed since. It is a live example of how onchain treasuries manage risk when prices slide.
#ETH #Aave #DeFi
DYOR. Not financial advice.
In a quarterly filing on November 12, 2026, BTCS said it owed about $64.1 million on Aave as of November 9, backed by 46,676 $ETH worth roughly $99.3 million at $2,127 per coin, or about 155% of the debt. The company did not disclose how much ether it sold, and it reported no full or partial liquidations through November 11.
With Aave counting about 80% of the collateral, CoinDesk estimated a health factor near 1.24 and a liquidation line around $1,717 per ETH on those November 9 figures. Ether traded near $1,950 on November 13, so the cushion is thinner, and BTCS's position may have changed since. It is a live example of how onchain treasuries manage risk when prices slide.
#ETH #Aave #DeFi
DYOR. Not financial advice.
