According to @PeckShieldAlert, an Aave whale address 0xd2a...2ec6 was liquidated for a total of $3.88M during the market downturn, with losses from $1.58M in ETH and $2.30M in LINK posted as collateral to borrow USDT, source: @PeckShieldAlert. The liquidation confirms on-chain forced unwinds of ETH and LINK collateral against USDT debt totaling $3.88M, source: @PeckShieldAlert.

According to @doctortraderr, after the recent $LINK position was liquidated, a new $ETH long trade has been opened at $2420 using $40 margin and 10x leverage, with a target price of $2700. This move aims to recover the loss from the $LINK liquidation. Such high-leverage trades increase volatility and risk exposure, affecting short-term Ethereum price action and overall crypto market sentiment (Source: @doctortraderr, June 6, 2025).