$AAVE

I will track this big investor who is long on revolving loans.

He provided 48,347 AAVE in AAVE. And borrowed $4.7 million (GHO), and the current health is 1.16

In the AAVE V3 protocol, the collateral liquidation line of AAVE tokens is 73%. When the AAVE price falls below 133, the net value of the pledged AAVE will be less than 6.43 million, 643x0.73=469.39, which means that his $4.7 million loan will be liquidated!

On-chain data shows that his most recent operation was to transfer 2 million to coinbase. It is highly likely that he will continue to increase his position in AAVE. If he buys at the average price of 152.5, he can buy another 13,114 AAVE.

As he continues to stake these AAVEs, his total AAVE stake will reach 48347+13114=61461

The liquidation line will drop to $104.62.

The question is, do you think he will be liquidated?