A whale holding 65,000 ETH is facing liquidation

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The whale holding 65,000 ETH (approximately $120 million) is only $50 away from the liquidation price. The address withdrew 2,000 ETH ($3.75 million) from Bitfinex and 1.54 million USDT from Binance 4 hours ago to supplement the collateral and repay part of the debt, reducing the liquidation price from $1,932 to $1,836. The whale's ETH was mainly purchased through revolving loans in May 2022, with an average cost of around $2,088, and the current unrealized loss has exceeded $14 million.

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