coin-img-ETHETH-0.38%coin-img-BTCBTC+0.10%coin-img-SOLSOL-0.14%coin-img-XRPXRP+2.86%coin-img-USDCUSDC+0.02%coin-img-DOGEDOGE+2.42%coin-img-SUISUI-0.10%coin-img-ADAADA+3.15%coin-img-ETHETH-0.38%coin-img-BTCBTC+0.10%coin-img-SOLSOL-0.14%coin-img-XRPXRP+2.86%coin-img-USDCUSDC+0.02%coin-img-DOGEDOGE+2.42%coin-img-SUISUI-0.10%coin-img-ADAADA+3.15%coin-img-ETHETH-0.38%coin-img-BTCBTC+0.10%coin-img-SOLSOL-0.14%coin-img-XRPXRP+2.86%coin-img-USDCUSDC+0.02%coin-img-DOGEDOGE+2.42%coin-img-SUISUI-0.10%coin-img-ADAADA+3.15%coin-img-ETHETH-0.38%coin-img-BTCBTC+0.10%coin-img-SOLSOL-0.14%coin-img-XRPXRP+2.86%coin-img-USDCUSDC+0.02%coin-img-DOGEDOGE+2.42%coin-img-SUISUI-0.10%coin-img-ADAADA+3.15%
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Hristina Vasileva

Druk Holdings-linked wallets amass 117K ETH leveraged position on Aave and Lido

According to on-chain analysts, wallets tagged as potentially linked to Bhutan's Druk Holdings have built a 117K ETH leveraged position on Aave by withdrawing ETH and USDT from Binance, purchasing more ETH, and borrowing against it. The same entity has become more active in Ethereum DeFi, moving $735M through Aave and holding $275.6M on Lido, with its positions reportedly facing liquidation risk if ETH falls toward $1,400 while the broader treasury value has declined from over $1B to around $556M.
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ETH
ETH-0.49%
AAVE
AAVE+0.78%
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