Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
The whale on the verge of liquidation reduced its holdings by 2882 ETH for repayment, and the liquidation price dropped to $1,781

The whale on the verge of liquidation reduced its holdings by 2882 ETH for repayment, and the liquidation price dropped to $1,781

Bitget2025/03/11 02:45
ETH-3.67%

According to on-chain analyst Yu Jing's monitoring, a whale holding 67,000 ETH reduced its position by 2,882 ETH (approximately 5.21 million DAI) for repayment before the oracle price update at 10 o'clock. This lowered the liquidation price from $1,798 to $1,781. Currently, the price of ETH has rebounded somewhat and the latest oracle price is higher than its liquidation line. Therefore, this whale has temporarily avoided the risk of being forcibly liquidated.

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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Benchmark analyst reiterates "Buy" rating on Japanese crypto company Metaplanet
2
Maji Big Brother's ETH and PUMP long positions on Hyperliquid have an unrealized loss of $18.68 million.

Crypto prices

More
Bitcoin
Bitcoin
BTC
$111,211.59
-1.61%
Ethereum
Ethereum
ETH
$3,980.7
-3.25%
Tether USDt
Tether USDt
USDT
$1
+0.02%
BNB
BNB
BNB
$1,158.96
-5.06%
XRP
XRP
XRP
$2.41
-3.14%
Solana
Solana
SOL
$194.6
-2.79%
USDC
USDC
USDC
$1
+0.02%
TRON
TRON
TRX
$0.3184
+0.73%
Dogecoin
Dogecoin
DOGE
$0.1972
-3.02%
Cardano
Cardano
ADA
$0.6665
-4.09%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter