BTCS sells ether at a loss to keep $64m Aave loan healthy
MARKETSAavecoinbrief/daily · 1 source
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What happened
Nasdaq-listed Ethereum treasury firm BTCS sold ether at a loss to keep a $64 million loan on Aave healthy. The company has 46,676 ETH backing its borrowings, and the loan could become eligible for liquidation if ether slides to around $1,700.
For IT people · Written by AI from 1 source · Wrong?
What to do
- Watch whether ether approaches around $1,700, the level the article says could make the BTCS loan eligible for liquidation.
Written by AI from the sources, checked against them
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