A whale's $40 million Ethereum position may face liquidation at $2,984

BlockBeats news, on July 4, according to Lookonchain monitoring, as the market fell, a certain Ethereum whale was about to face liquidation. He had deposited 12,734 ETH (40 million US dollars) in Compound and lent out 31.4 million US dollars in stablecoins, with a health rate of only 1.06.

When the price of ETH falls to 2,984 US dollars, he will be liquidated.