WETH Borrow Whale Position
Gauntlet wants to notify the community of a whale borrow position for asset WETH on Aave v2 ETH. This account’s position represents 51% of WETH borrow balances. The position is highly collateralized with 3.5 health factor. We will continue to monitor, but wanted to share this information about the position:
- Address: 0x777777c9898d384f785ee44acfe945efdff5f3e0
- Size of Borrow Position (USD): $73.4M
- Health Factor/Borrow Usage: 3.50/29%
- WETH Borrow Concentration: 51%
Address had been increasing their WETH Borrow position since Feb 20th.
