Hupzy (Spot On Chain)|Jun 06, 2026 14:09
⚠️ ALERT: A whale borrowed $142M USDT from Aave in 30 hours to buy 87,680 ETH at $1,620 average. The position's health factor has dropped to 𝟭.𝟭𝟲 — liquidation triggers at $1,354.
Debank: https://debank.com/profile/0xc70ad21c69cbf3631637f2796a42e94c42013810
𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: This is the kind of concentrated leverage that turns a normal correction into a flash crash. With ETH already under heavy selling pressure, a dip to $1,354 would force 87,680 ETH into an illiquid market — cascading liquidations would accelerate the move lower. The $1,354 level is now a critical line in the sand.
--source: https://x.com/lookonchain/status/2063257919433707581
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