A cryptocurrency whale narrowly avoided a massive liquidation of over $340 million in Ether as the market experienced volatility due to macroeconomic pressure. The investor, believed to be close to liquidation on a 220,000 ETH position at MakerDAO, injected nearly $14.5 million into the position to raise its price. Blockchain analytics firm Lookonchain confirmed this emergency deposit after it was reported on X (formerly Twitter). The whale’s move follows another Ether investor being liquidated for over $106 million from Sky, a decentralized finance (DeFi) platform. This incident highlights the vulnerability of large positions in DeFi markets to sudden drops in value and emphasizes the need for robust strategies like this emergency deposit.