Bitcoin liquidations surged as the price dropped to $80,000, forcing over $30 million in losses for major traders including Aave whales and Jeffrey Huang, due to leveraged positions exceeding loan-to-value thresholds amid market volatility from ETF outflows and US jobs data. Aave whale liquidated for $11.41 million after Bitcoin’s fall pushed collateral values below protocol […]
Source: https://en.coinotag.com/bitcoin-drop-to-80k-may-trigger-30m-in-aave-whale-liquidations
