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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.