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Another giant whale is on the verge of danger, and the liquidation price of the 60,000 ETH collateral position is only $1,798
According to Ember Monitoring, an address holding 60,810 ETH worth about $114.89 million is facing a serious liquidation risk. The address has lent out 75.43 million DAI at a liquidation price of $1,798, which is extremely close to the current ETH market price. This situation is similar to the previously reported situation of whales holding 67,000 ETH facing liquidation, and as the price of ETH continues to fall, large leveraged positions are facing liquidation risks one after another, which may further exacerbate market volatility.