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57,000 ETH on the verge of liquidation, whales reduce positions again to repay, reducing the liquidation price to $1,495

57,000 ETH on the verge of liquidation, whales reduce positions again to repay, reducing the liquidation price to $1,495

CointimeCointime2025/04/07 07:00
By:Cointime

according to Ember monitoring, the whale on the brink of liquidation with 57,000 ETH still reduced its position only 10 minutes before liquidation. An hour and a half ago, it sold 3,920.8 ETH to exchange for 5.775 million DAI to repay. This lowered the liquidation price of its current 53,000 ETH position to $1495.

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