Company updateCoinDesk
BTCS sold ether at a loss to keep loan healthy
Negative-38
GreyOak summary
Ethereum treasury firm BTCS sold ether at a loss to maintain a $64 million Aave loan. The company holds 46,676 ETH as collateral. The loan faces liquidation risk if ether prices drop to approximately $1,700.
What it affects
- EthereumNegative -38
Sold at a loss to secure loan.Rolling sentiment Negative -30
