A whale's 67,500 ETH lending position was liquidated during a downtrend, having previously topped up with 2160 ETH in the early hours.

BlockBeats News, April 7th, according to on-chain data analyst Yu Jin's monitoring, as the market dropped, a whale address had a total of 67,500 ETH (approximately $105 million) in loan positions completely liquidated as ETH fell to around $1,650, further exacerbating the decline in ETH price.

It is reported that the whale address had added an additional 2,160 ETH as collateral at 1 am to lower the liquidation threshold, but was still liquidated around 6 am, repaying its $74.4 million DAI loan.