According to on-chain analyst Ember monitoring, with this wave of decline, 67,500 ETH ($105 million) lending position liquidation line at $1650 whale position was completely liquidated, which also contributed to the further decline of ETH.
He actually added 2160 ETH collateral at 1 am to reduce the clearing line, but the ETH fell all the way, and his ETH position was finally liquidated at 6 am to pay off his 74.40 million DAI loans.
67,500 ETH giant whale position was liquidated, causing ETH to fall further
2025-04-06 23:53:14
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