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Ethereum treasury firm BTCS sold ether at a loss to keep $64 million Aave loan healthy

Published by CoinDesk · United States 2 h ago

Ethereum treasury firm BTCS sold ether at a loss to keep $64 million Aave loan healthy — CoinDesk

Detailed summary

The Nasdaq-listed company has 46,676 ETH backing its borrowings, and the loan could become eligible for liquidation if ether slides to around $1,700.

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