Odaily, citing monitoring by Yu Jin, reported that an Ethereum 1CO whale who remains active in swing trading added to an ETH position about two hours earlier. The address borrowed 10 million USDe from Aave and then purchased 5,817 ETH, with an average buying price of approximately $1,719.
The same monitoring data shows that the whale currently has about 147,000 ETH deposited as collateral across Aave and Spark. Based on the figures disclosed, that collateral is valued at around $253 million. The whale has also borrowed approximately $276 million in stablecoins against those positions.
According to the reported data, the current liquidation price for the whale’s position is around $1,432. In lending positions, the liquidation price is the level at which collateral risk becomes critical and the position can be subject to system liquidation if the collateral value falls sufficiently.