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A certain Whale's 67,500 ETH lending Position was liquidated during the fall, having previously conducted a Margin Replenishment of 2160 ETH in the early morning.
On April 7, according to on-chain data analyst Yu Jin, as the market fell, a certain whale addressโs total borrowing position of 67,500 ETH (approximately 10.5 million USD) was completely liquidated when ETH dropped to around 1650 USD, further exacerbating the downward pressure on ETH prices. It is reported that the whale address had added 2,160 ETH as collateral to drop the liquidation line at 1 AM, but ultimately was still liquidated around 6 AM, repaying its 74.4 million USD DAI loan.