August 18th, according to PeckShield monitoring data, the address starting with 0x47Ab has been liquidated for 106.8 WBTC (approximately $2.87 million) on AAVE.
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0x47Ab Address Was Liquidated 106.8 WBTC in AAVE
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A whale who was long on ETH/BTC exchange rate was liquidated after the Aave loan health rate broke 1
According to on-chain analyst Yu Jin's monitoring, with last night's decline, the ETH/BTC exchange rate fell to a minimum of 0.047. Six hours ago, a whale who has been longing for the ETH/BTC exchange rate since March 2023 experienced liquidation again as the health rate of the loan in Aave fell below 1, and liquidated 2701 ETH (worth about 8.74 million US dollars) to repay the 123.7 WBTC loan. Currently, the whale's loan health rate in Aave is 1.01, still on the edge of the liquidation line. If the ETH/BTC exchange rate continues to decline, its collateral will continue to be liquidated.
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