Tag: btcs
BTCS Sells Ether at a Loss to Protect $64 Million Aave...
Nasdaq-listed Ethereum treasury firm BTCS sold a portion of its ETH holdings below cost to prevent its $64 million borrowing position on Aave from becoming eligible for liquidation. The company holds 46,676 ETH as collateral, with liquidation risk emerging near $1,700 per token.
