According to CryptoSlate citing Galaxy data, less than 9% of Aave V3 Core's E-mode positions account for about half of the outstanding debt, with a debt-weighted LTV nearing 90% and an average health factor of approximately 1.06. These positions primarily use ETH staking derivatives like weETH, rsETH, and wstETH as collateral, borrowing WETH to create high-leverage ETH staking basis trades. Galaxy estimates that if these staking derivatives generally trade at a discount of around 8%–9% relative to ETH, the average health factor could approach the liquidation threshold. Previous models indicate that if weETH depegs by 10%, approximately 205 accounts might fall below a health factor of 1. https://www.(wublock123.com)/news/news-66751