67,000 ETH on the verge of liquidation, the whale is only $35 away from the liquidation price of its ETH position
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Odaily Planet News According to on-chain analyst Yu Jin's monitoring, a whale with 67,000 ETH is close to liquidation, with only $35 away from its ETH position's liquidation price. Previously, on March 11, the whale's 67,000 ETH position was near liquidation due to the drop in ETH price, but it managed to save its position through repayment and position reduction. The subsequent ETH rebound temporarily removed the liquidation risk, and the whale did not take any actions to add margin or reduce positions to lower the liquidation price. Now, as ETH is about to fall again, a drop of $100 would trigger liquidation of its position.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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