Data: AAVE whale faces liquidation with a position loss of 3.58 million dollars
ChainCatcher news reports that, according to Ember monitoring, a whale using leveraged investment in AAVE is facing liquidation risk. If the AAVE price drops another $7 (to $123), its position of 102,000 AAVE (worth $13.08 million) will be liquidated.This whale borrowed 9.56 million GHO from Aave through circular lending from October to December last year to purchase AAVE, with an average cost of $166. From the purchase until the end of last year, the unrealized profit peaked at $21.33 million, but now it has an unrealized loss of $3.58 million, and has not sold any.