Ethereum Whale Liquidation Risk Grows Amidst Market Volatility

A recent analysis by PANews has identified two significant Ethereum whale positions at risk of liquidation due to volatile price movements. Monitoring data from @ai_9684xtpa reveals that these positions, totaling $84.4 million and held in 0xab7…e2313 and 0x6bb…830b3 respectively, are vulnerable to liquidation. Position 0xab7…e2313 holds 64,792 WETH as collateral while borrowing 68.09 million DAI, with a health factor of 1.02 and a potential liquidation price set at $1,786.65. The second whale position, 0x6bb…830b3, holds 608,104,792 WETH while borrowing 74.73 million DAI with a health factor of 1.03 and a corresponding liquidation price of $1,781.99. These developments demonstrate the inherent risks associated with large-scale cryptocurrency investments and emphasize the volatile nature of the Ethereum market. #ETH