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Ethereum’s Price Drop Puts $238M in ETH at Risk of Liquidation: Report

  • Two large Ethereum whales on Maker risk of liquidation as 125,603 ETH, valued at $238M is at stake.
  • Ethereum’s health rate drops to $1.07, putting whales’ positions close to liquidation at $1,805 and $1,787.
  • Liquidation of these large ETH positions could spark market volatility, with traders awaiting potential moves.
  • The liquidation risk highlights the dangers of leveraged trading and the influence of large holders in the crypto market.

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