BlockBeats News Update, January 31: According to on-chain data, Yee Lee Wah's Trend Research currently has 175,800 WETH deposited in AAVE V3, worth approximately $445 million, with about 274 million USDT borrowed and a loan-to-value ratio of 1.34.Their position is relatively secure. Only if the Ethereum price were to plummet to $1558 would it potentially trigger a liquidation of the loan position. During a market downturn, additional collateral can still be added. Yesterday, Trend Research withdrew a total of 109 million USDT from Binance to deposit into Aave to reduce Ethereum holding liquidation risk.
