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A certain ETH whale was forced to liquidate part of their position, selling 238 ETH to receive 488,000 DAI for repayment.

By: theblockbeats.news|2026/02/06 05:00:47
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BlockBeats News, February 5th. According to Ember Group monitoring, as Ethereum dropped to the $2000 level, a whale holding a large leveraged position was forced to liquidate. The investor had collateralized 23,800 ETH (worth around $48.56 million) to borrow 35.27 million DAI, with a liquidation price of $1800.

With the current price only $250 away from the liquidation line, the whale has urgently sold 238 ETH to obtain 488,000 DAI for repayment.

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