BlockBeats News, January 31, according to on-chain data, Yil Hua's Trend Research currently has a total of 175,800 WETH deposited in Aave V3, worth approximately $445 million, borrowed about 274 million USDT, and the loan-to-value ratio is 1.34.
Their position is relatively safe. Only if the Ethereum price plummets to $1558 would it potentially trigger a liquidation of the borrowing position. During a market downturn, additional collateral can still be added. Yesterday, Trend Research withdrew a total of 109 million USDT from Binance and deposited it into Aave to reduce the Ethereum collateral liquidation risk.
