The whale on the verge of liquidation reduced its holdings by 2882 ETH for repayment, and the liquidation price dropped to $1,781
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.
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Data: 10 addresses received a total of 210,000 ETH within 6 hours, worth approximately $863 millions.
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