Aave Whale Liquidated for $31.47M as Bitcoin Falls Below $101K

Blockchain security firm PeckShield revealed that a whale holding a leveraged Wrapped Bitcoin position on Aave was liquidated for $31.47 million after BTC dipped below $101,000. In a separate incident, PeckShieldAlert reported the liquidation of a leveraged wstETH long position worth $23.44 million as Ethereum fell under $3,200. Both positions had been used to borrow USDT and USDC, underscoring heightened liquidation risks amid sharp crypto market downturns.

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