Why is everyone saying they're afraid of eating takeout and seeing YLH? I checked the position and it seems quite safe.
YLH Event Review: Mainly involved a稳健的巨鲸级 2倍做多策略 (a稳健的巨鲸级 2x long strategy): He collateralized 43,000 ETH (worth $133 million), borrowed $66 million in stablecoins, effectively using a 50% debt ratio to leverage double the ETH exposure.
Based on current data, the estimated liquidation price of this Ethereum position: Current implied ETH price: $133,024,306 / 43,002.34 WETH = $3,093
Liquidation buffer: Health factor 1.67 means that even if the collateral value drops by about 40%, the position remains safe.
Typically, HF < 1.0 will be liquidated; 1.67 indicates a significant buffer space.
Estimated liquidation price (Liquidation Price): Rough estimate formula: Current price / Health factor: $3,093 / 1.67 = $1,852
(Note: Precise calculation requires considering Aave's liquidation threshold parameters, but $1,852 is a very close safety bottom line)
So as long as $ETH the price stays above $1,852, and the drop doesn't exceed 40%, this position is safe.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Why is everyone saying they're afraid of eating takeout and seeing YLH? I checked the position and it seems quite safe.
YLH Event Review: Mainly involved a稳健的巨鲸级 2倍做多策略 (a稳健的巨鲸级 2x long strategy): He collateralized 43,000 ETH (worth $133 million), borrowed $66 million in stablecoins, effectively using a 50% debt ratio to leverage double the ETH exposure.
Based on current data, the estimated liquidation price of this Ethereum position:
Current implied ETH price:
$133,024,306 / 43,002.34 WETH = $3,093
Liquidation buffer: Health factor 1.67 means that even if the collateral value drops by about 40%, the position remains safe.
Typically, HF < 1.0 will be liquidated; 1.67 indicates a significant buffer space.
Estimated liquidation price (Liquidation Price):
Rough estimate formula:
Current price / Health factor: $3,093 / 1.67 = $1,852
(Note: Precise calculation requires considering Aave's liquidation threshold parameters, but $1,852 is a very close safety bottom line)
So as long as $ETH the price stays above $1,852, and the drop doesn't exceed 40%, this position is safe.