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Crypto whale faces imminent liquidation on Maker after sending $4 million in ETH to backstop a loan

2025-03-10 19:59

A crypto whale narrowly avoided a painful liquidation on Maker on Monday after the price of ETH came dangerously close to his liquidation price.Twice within two liquidation windows, he narrowly avoided liquidation by sending 2,000 ETH and later $1.5 million in DAI to lower the liquidation price and buy himself additional breathing room.

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