64,800 ETH is on the verge of liquidation. The whale address has added margin to reduce the risk of being liquidated
PANews reported on March 31, according to @ai_9684xtpa, a whale holding 64,792 ETH finally added margin when it was only $3 away from the liquidation price. The whale withdrew 1.68 million USDT from CEX 12 minutes ago and then exchanged 1.608 million USDT for DAI and partially repaid the loan.
Currently, the whale has pledged a total of 64,792 ETH and borrowed out 66.51 million DAI. The liquidation price has been adjusted down to $1745, which is about $40 away from the current market price providing some safety buffer and temporarily avoiding liquidation risk.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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