Ethereum treasury firm BTCS sold ether at a loss to keep $64 million Aave loan healthy
- 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.
- 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.
- Ethereum treasury firm BTCS sells ETH at a loss to manage $64M Aave loan
Sources
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