The whale that provided 56,995 WETH to borrow DAI on Maker is on the verge of liquidation
according to Spot On Chain monitoring, a whale provided 56,995 WETH (valued at about $90.8 million) on Maker to borrow DAI, which is currently close to being liquidated at a price of $1,564.58. Earlier today, due to a price crash, another whale has already liquidated 67,569 ETH at a price of $1,650 (worth $106 million) to repay a $74.49 million loan. In the past 24 hours, the cryptocurrency market has liquidated a total of $898 million, with most of it coming from long positions.
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.
You may also like
Donald Trump’s Memecoin to Face $320 Million Token Unlock as Price Dips
33% of French looking to buy crypto in 2025 but Italians are even more bullish
Share link:In this post: A third of French people intend to purchase cryptocurrencies this year. New study shows Italians as most bullish among surveyed nations in Europe. The crypto sector’s growing legitimacy helps attract more investors, researchers say.
Spanish Police End Crypto Scam Ring That Used AI to Swipe $21 Million From Investors
Survey reveals 1 in 5 Americans own crypto, with 76% reporting personal benefits
Trending news
MoreCrypto prices
More
