Deep Tide TechFlow News, June 6th, according to on-chain analyst Ember's monitoring, ETH dropped to a low of $1,540 in the early morning, triggering a position liquidation at a whale's liquidation price of $1,565, resulting in the liquidation of 21,540 ETH, worth approximately $33.7 million.


The price rebounded immediately after this liquidation and did not touch lower levels again.

Currently, the whale's lending position still holds 82,871 ETH (about $132 million), with two remaining liquidation prices at $1,527 and $1,459, only about $70 away from the current price.
If the price continues to decline, there is still a risk of being liquidated again.
ETH-6.87%
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