<ul><li>An Ether investor on Sky lending platform has been liquidated for over $100 million as the price of Ether crashed.</li><li>The investor lost 67,570 ETH when the asset crashed by around 14% on April 6, liquidating the collateralized debt position on Sky.</li><li>The Sky lending protocol uses overcollateralization ratio and automatically liquidates positions if the collateral ratio falls below the minimum requirement.</li><li>Over the past 24 hours, ETH prices have fallen 14.5%, with many DeFi users at risk of being liquidated unless they provide more collateral.</li></ul>

Ethereum whale liquidated for $106M on Sky amid crypto bloodbath

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