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
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.
You may also like
STABLEUSDT now launched for futures trading and trading bots
Martingale bot upgraded–simpler setup, more flexible features
Stock Futures Rush (phase 9): Trade popular stock futures and share $240,000 in equivalent tokenized shares. Each user can get up to $5000 META.
CandyBomb x POWER: Trade to share 4,387,500 POWER
Trending news
MoreCrypto prices
More
