Bhutan Sovereign Wealth Fund's Aave loan health rate has dropped to 1.15

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Odaily Planet Daily reports that on-chain data shows the Bhutan Sovereign Wealth Fund Druk Holdings’ main wallet has a loan health rate of 1.15 on Aave.

From January 19 to 20, the Bhutan Sovereign Wealth Fund’s related address leveraged long ETH. As of press time, the address holds a total of 116,560 stETH, with an unrealized loss of about 15% compared to its purchase cost. All of this stETH is currently stored on Aave, with the main wallet holding 104,000 stETH, valued at approximately $284 million, and a loan limit of 200 million USDT. Additionally, the Bhutan Kingdom government address has just transferred 100.82 BTC to the QCP Capital address, worth about $8.31 million.

ETH-2,54%
STETH-2,59%
BTC-0,13%
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