6.7k ETH Whale Nearing Liquidation as ETH Holdings' Liquidation Price is Only $100

BlockBeats News, March 29th, according to on-chain analyst Yu Jin's monitoring, a whale with 67,000 ETH is close to liquidation, with the liquidation price of its ETH position only $100 away.

On March 11th, this whale's 67,000 ETH position was on the brink of liquidation due to the drop in ETH price. Through repayment and deleveraging, the position was saved from being liquidated. The subsequent ETH rebound temporarily removed the position from the liquidation risk, with no further actions taken such as adding more collateral or deleveraging to reduce the liquidation price. Now, with ETH dropping again, another $100 drop would trigger the liquidation of the position.