According to Ember, a whale holding 64,800 ETH has taken early action due to the risk of market decline. Eight hours ago, it sold 4,760 ETH for $8.64 million DAI to repay debts, reducing the liquidation price from its original level to $1,639 in order to avoid a repeat of past passive liquidation situations. The current price of ETH has fallen back to around $1,760.