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.
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