On-chain analyst Yu Jin warns that a leveraged whale on Aave could face liquidation if Ethereum falls another 40 dollars to $1,555. The threshold sits just below current market levels, raising near-term concerns.
Aave’s protocol automatically liquidates undercollateralized positions by selling the collateral to cover the debt. This forced sale could inject short-term selling pressure on ETH. While the exact size of the whale’s position remains undisclosed, the potential liquidation has drawn attention from traders and on-chain analysts. ChainCatcher will continue to monitor the situation.
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