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The whale offering 56,995 WETH for borrowing DAI on Maker is on the verge of liquidation

The whale offering 56,995 WETH for borrowing DAI on Maker is on the verge of liquidation

Bitget2025/04/07 03:19

According to Spot On Chain monitoring, a whale has provided 56,995 WETH (worth about $90.8 million) on Maker for borrowing DAI and is now close to being liquidated at a price of $1564.58. Earlier today, due to the price plunge, another whale was liquidated at a price of $1650 for 67,569 ETH ($106 million), used to repay a loan of $74.49 million. In the past 24 hours, the cryptocurrency market has liquidated a total of $898 million, most of which came from long positions.

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