Bitcoin

<ul><li>A whale&#39;s ETH/BTC liquidation on Aave triggered a $9.44M loss, causing a 4.54% drop in Aave&#39;s value ($101.33).</li><li>Vitalik&#39;s labeled address swapped massive amounts of $DOBE and $DOJO for ETH, raising concerns about the motives and implications for Buterin&#39;s portfolio.</li><li>Recent events underscore the risks in decentralized finance; investors must exercise caution and employ robust risk management in the volatile crypto space.</li></ul>In a recent <a href="https://cryptotale.org/?s&#61;market" rel="noopener noreferrer nofollow">market</a> shakeup, a significant liquidation event occurred on Aave, triggered by a whale holding the Ethereum to Bitcoin (ETH/BTC) position. The whale, identified by the address 0x11…c42e, recently faced a margin call, leading to the liquidation of 4,208 ETH (approximately $9.44 million), as highlighted by Wu Blockchain, a crypto sleuth. Despite the market turbulence, the whale is actively repaying the loan, demonstrating a commitment to covering losses.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/593c8a30d0154d8caa0af897d94de7ba.png" />The aftermath of this liquidation has seen the ETH/BTC rate plummet to a new low for the year, reflecting the broader impact of leveraged positions in the <a href="https://cryptotale.org/?s&#61;cryptocurrency" rel="noopener noreferrer nofollow">cryptocurrency</a> space. Aave, a decentralized finance (DeFi) platform, witnessed a 4.54% drop in the last 24 hours, with its current price standing at <a href="https://coinmarketcap.com/currencies/aave/" rel="noopener noreferrer nofollow">$101.33</a>, according to CoinMarketcap.Read full article a<a href="https://cryptotale.org/aave-faces-9-44m-loss-after-whales-eth-btc-liquidation-report/" rel="noopener noreferrer nofollow">t CryptoTale.</a>

Aave Faces $9.44M Loss After Whale's ETH/BTC Liquidation: Report

CryptoTale

Otros artículos publicados el 21 dic 2023

Phantom Wallet Welcomes Bitcoin Integration

BONK Price Extends Rally Supported By Solana, 100% Gains Possible

Cryptos That Underperformed in 2023 May Thrive in 2024: LTC, DOT & UNI Price to Leap Long

Worldcoin Reportedly Abandons Orb Verification in India, France, and Brazil

Cardano Founder Calls Out Omission From Biggest Crypto Report Of The Year

Cardano (ADA)’s Potential 70% Surge to $0.75: Analysis; Hype Grows Around a Rising Memecoin

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!