AAVE whale faces liquidation, with a floating loss of $3.58 million

Planet News: According to Residual monitoring, a whale using leveraged investment in AAVE faces liquidation risk. If AAVE's price drops another 7 dollars (to 123 dollars), its 102,000 AAVE position (worth 13.08 million dollars) will be liquidated. The whale borrowed 9.56 million GHO from Aave through cyclic lending between October and December last year, with an average purchase price of 166 dollars. From the purchase until the end of last year, the unrealized profit peaked at 21.33 million dollars, but now has an unrealized loss of 3.58 million dollars, and has not sold any.