Ethereum Whale Faces Liquidation Risk as Market Volatility Hits

A prominent Ethereum investor, holding over 57,000 ETH, is currently on the verge of liquidation due to recent market fluctuations. This situation echoes a previous incident where the same investor narrowly avoided liquidation at a similar price point with a position of 67,500 ETH. Despite successfully averting liquidations in the past by proactively adjusting their holdings, this whale remains dangerously close to the liquidation threshold and requires further reduction of their holdings to mitigate risk.