A certain ETH lending whale is close to liquidation due to their position. They collateralized 23,800 ETH to borrow 35.27 million DAI. As ETH dropped to $2,000, they were forced to cut losses and reduce their position, selling 238 ETH to repay 488,000 DAI. If the price continues to fall, they will have to sell more ETH.

ETH-1,58%
DAI-0,06%
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