67500 ETH whale positions cleared, triggering chain decline

According to Ashes Monitoring, when ETH fell to $1650, a giant whale's total of 67500 ETH (approximately $105 million) collateralized lending positions were completely liquidated. Despite adding 2160 ETH at 1am to reduce liquidation risk, ETH continued to decline and eventually triggered liquidation at 6am to repay its $74.4 million DAI loan.