A whale that was long on the ETH/BTC exchange rate was liquidated with 4,539.7 ETH collateral to repay the loan of 203 WBTC

Deep Tide TechFlow news, according to on-chain data, as the decline continued at 4 a.m., the ETH/BTC exchange rate fell to 0.046. The loan health rate of a whale that was long on the ETH/BTC exchange rate on Aave fell below 1 and continued to be liquidated: 45.397 ETH ($13.52 million) of collateral was liquidated and 203 WBTC loans were repaid.

Since the address was liquidated in the early hours of yesterday morning, it has not performed any operations. It has neither covered up its positions nor proactively lowered its leverage. It was liquidated by the platform when the market fell.

The current borrowing health rate on Aave is still on the edge of the liquidation line at 1.01. If the ETH/BTC exchange rate continues to fall, the address’s collateral will continue to be liquidated.