BlockBeats News, January 26 — Following this morning’s brief drop below $2800 for Ethereum, the main wallet of the Bhutan Sovereign Wealth Fund Druk Holdings experienced a temporary decline in loan health rate on Aave to below 1.2, currently at 1.22.
From January 19 to 20, the Bhutan Sovereign Wealth Fund’s related address leveraged long ETH. As of press time, this address holds a total of 116,560 stETH, approximately 10% below its purchase cost. All of this stETH is now stored in Aave, with the main wallet holding 104,000 stETH and a loan of 200 million USDT.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
FTX $2.2 Billion Compensation Distributed in March, Creditors Still Unsatisfied
The FTX Bankruptcy Estate will distribute $2.2 billion to creditors on March 31st, marking the fourth distribution since 2025, with cumulative payouts reaching $10 billion. Compensation is calculated based on cryptocurrency asset values at the time of claim filing in 2022, which has sparked creditor dissatisfaction as actual asset values have risen significantly. Additionally, FTX founder Sam Bankman-Fried faces imprisonment, with speculation about potential pardons. A fifth distribution is planned for 2026.
MarketWhisper29m ago
BlackRock withdrew 2267 BTC and 5041 ETH from a certain CEX over the past 9 hours
Gate News reported that on March 19, according to Onchain Lens monitoring, BlackRock withdrew 2,267 BTC (valued at $161.82 million) and 5,041 ETH (valued at $11.02 million) from a certain CEX in the past 9 hours. Additionally, over the past 3 consecutive days, BlackRock has cumulatively withdrawn 8,435 BTC with a total value of $618.05 million.
GateNews53m ago
Two Linked Wallets Purchase 50,706 ETH Worth $111.62M After Year-Long Selling Period
Gate News bot message, two wallets identified as "0x554" and "0xF2f," reportedly connected to the same entity, acquired 50,706 ETH using $111.62M USDT at an average price of $2,201. This purchase follows a year of selling activity.
Wallet "0x554" spent $61.02M to acquire 27,714 ETH. Wallet "0xF2f"
GateNews1h ago
Why Bitcoin, Ethereum & XRP Prices Are Dropping—Is This a Bull Trap? - BTC Hunts
The post Why Bitcoin, Ethereum & XRP Prices Are Dropping—Is This a Bull Trap? appeared first on Coinpedia Fintech News
The crypto market has entered a corrective phase, with Bitcoin (BTC) price dropping to around $71,500, down nearly 3.33%, while Ethereum (ETH) price has also slipped
BTCHUNTS1h ago
