A whale that went long on the ETH/BTC exchange rate was liquidated on Aave, with 4,539.7 ETH collateral being used to repay a loan of 203 WBTC

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, as the decline continued at 4 AM, the ETH/BTC exchange rate fell to 0.046. A whale that went long on the ETH/BTC exchange rate has seen its borrowing health ratio on Aave drop below 1 and is being liquidated:
A liquidation of 4,539.7 ETH (13.52 million USD) has repaid a loan of 203 WBTC.

Since this address started being liquidated early yesterday morning, there have been no operations, neither adding collateral nor actively reducing leverage positions. It has been left to be liquidated by the platform as the market declines.

Currently, the borrowing health ratio on Aave is still at the liquidation threshold of 1.01. If the ETH/BTC exchange rate continues to fall, the collateral of this address will continue to be liquidated.