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The whale on the verge of liquidation reduced its position by 2,882 ETH to repay the loan, and the liquidation price dropped to $1,781

The whale on the verge of liquidation reduced its position by 2,882 ETH to repay the loan, and the liquidation price dropped to $1,781

Cointime2025/03/11 03:00
By: Cointime
ETH+0.44%DAI+0.01%

According to Ember monitoring, a whale holding 67,000 ETH reduced its position by 2,882 ETH (about 5.21 million DAI) for repayment before the 10 o'clock oracle price update, lowering the liquidation price from $1,798 to $1,781. Currently, the ETH price has rebounded, and the latest oracle price is also higher than its liquidation line, temporarily avoiding the risk of forced liquidation for the whale.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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