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A whale long on WBTC, ETH and other assets on Aave is on the verge of liquidation and has begun selling WBTC to repay debts

2023-10-13 04:09
Odaily News According to Lookonchain monitoring, a whale who was long WBTC, ETH, LINK, UNI and MKR on Aave began to sell WBTC to repay debt. The whale deposited $11 million in assets on Aave and borrowed $8.45 million in stablecoins. The current health rate is 1.08, on the verge of liquidation.