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The whale on the verge of liquidation reduced its position by 2,882 ETH to repay 5.21 million DAI, and the liquidation price dropped to $1,781
PANews reported on March 11 that according to ember monitoring, the whale holding 67,000 ETH reduced its position by 2,882 ETH (about 5.21 million DAI) for repayment before the 10 o’clock oracle price update, reducing the liquidation price from $1,798 to $1,781. At present, the price of ETH has rebounded, and the latest oracle price is also above its liquidation line, and the whale has temporarily avoided the risk of being forced to liquidate.