Different types of liquidations are going on, collaterized ETH on Aave is getting liquidated with another 140 million within < 1% drop

In the past few hours we saw not only hundreds of millions of traders get liquidated on trading platforms but also on Aave.

What is really crazy is the ripple effect, a lot of these whales put their ETH up for collateral to take a loan to buy more ETH on leverage.

A few hours earlier one of the biggest ETH Whales on Aave got liquidated despite panic selling 30k ETH at around 78 Million to not get liquidated on their 50K ETH on Aave (worth 112 Million).