[A whale with 67,000 ETH on the verge of liquidation] reduced his position by 2,882 ETH and exchanged it for 5.21 million DAI to repay the loan before the Oracle price update at 10 o'clock, which slightly reduced the liquidation price to $1,781.

At present, ETH has rebounded a bit, and the next oracle price is also higher than its liquidation price. At least, I can breathe a sigh of relief for the time being.

Current Position
- Original holdings: 67,000 ETH
- Position reduction: 2,882 ETH (approximately 4.3% of total holdings)
- DAI received: 5.21 million DAI
- New liquidation price: $1,781
- Current status: ETH price has rebounded above the liquidation price

According to coindesk.com, this case reflects broader market conditions:

Approximately $336 million in assets at risk of liquidation (within 20% ETH price range)
Multiple large positions in danger zones, including:
- $117 million in debt at $1,780 ETH liquidation price
- $13.6 million in debt at $1,857 ETH liquidation price

#ethereum #ether #ETH #whale

Source:
https://debank.com/profile...