Ethereum treasury firm BTCS sells ETH at a loss to manage $64M Aave loan
Ethereum treasury firm BTCS sold ETH below cost while managing $64.1 million in Aave debt, backed by 46,676 ETH with liquidation risk near $1,717.
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Ethereum treasury firm BTCS sold ETH below cost while managing $64.1 million in Aave debt, backed by 46,676 ETH with liquidation risk near $1,717.
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The Nasdaq-listed company has 46,676 ETH backing its borrowings, and the loan could become eligible for liquidation if ether slides to around $1,700.
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Bitquery's November 12 update estimates $401,900 across nine wallets, including about $305,000 from one Aave deposit token. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
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Dmitri seeks a separate vote as Aave weighs who should bear osETH leverage risk and how existing borrowers can migrate. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
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Babylon reports ARFC passage for the plan, with proposed credit limits and a restricted mainnet rollout still ahead. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
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