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
CandyBomb x UAI: Trade futures to share 200,000 UAI!
New spot margin trading pair — KITE/USDT, MMT/USDT!
STABLEUSDT now launched for pre-market futures trading
The transaction fees for Bitget stock futures will be adjusted to 0.0065%
