With the decline last night, the ETH/BTC exchange rate fell to as low as 0.047.
6 hours ago, this whale who has been long on the ETH/BTC exchange rate since March 2023 had his loan health rate on Aave fall below 1 and was liquidated again:
The whale's 2701 ETH ($8.74M) collateral was liquidated to repay 123.7 WBTC loans.
The whale's current loan health rate on Aave is 1.01, still on the edge of the liquidation line. If the ETH/BTC exchange rate continues to fall, his collateral will continue to be liquidated.
This guy is really persistent. The ETH/BTC exchange rate has fallen below his liquidation line in the recent few major drops, causing him to be liquidated in every recent major drop😂
Address: 0x1111567e0954e74f6ba7c4732d534e75b81dc42e