BlockBeats News, October 12: According to AI Whale Monitoring, the whale address that borrowed at an average price of $4,396.5 on September 9 and bought ETH has liquidated 3,443 ETH at an average price of $3,754 in the past 6 hours, with a value of $12.92 million. This part of the position has incurred a loss of $2.212 million. The remaining ETH from the same day’s position still holds an unrealized loss of $3.122 million.
Currently, this address has 13,000 ETH supplied as collateral on Aave and has borrowed $34.19 million in stablecoins, with a health factor of 1.2. If ETH continues to decline, it will need to continue to “liquidate” to reduce leverage.
