"64,800 ETH on the verge of liquidation whale" positions have not been liquidated yet because the Maker oracle price has not reached the liquidation line

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Foresight News reports that according to on-chain analyst Yu Jin's monitoring, a whale with "64,800 ETH near liquidation" on the Maker platform has not yet been liquidated, with a liquidation price of $1,787.7. The current Maker oracle price is $1,795.8, updated at 9:00, with the next update at 10:00, and the price may remain at $1,795.8. Since the oracle price has not fallen below the liquidation line, the position will not be liquidated before 11:00. The Maker oracle updates prices hourly, providing the whale time to repay or add collateral.

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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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