According to @EmberCN monitoring, as the market declined, a whale address's total lending position of 67,500 ETH (approximately $105 million) was completely liquidated when ETH dropped to around $1,650, further exacerbating ETH's price decline. The whale address had added 2,160 ETH as collateral around 1 AM to lower the liquidation line, but was ultimately forcibly settled around 6 AM, repaying its $74.4 million Dai loan.
ETH plunge triggers whale liquidation, 67,500 ETH loan positions liquidated
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