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Half of Aave’s debt sits in fewer than 9% of positions—and those borrowers are running near 90% LTV with average health factors around 1.06. The hidden risk isn’t ETH falling. It’s staking wrappers like weETH or wstETH breaking correlation with ETH and turning a narrow basis move into forced deleveraging. https://cryptoslate.com/half-of-aaves-debt-sits-in-just-9-of-positions-built-around-one-ethereum-correlation-trade/(CryptoSlate)