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Ethereum Whales Face $1.7 Billion Liquidation Risk

1 month ago 8019
Ethereum Whales Face $1.7 Billion Liquidation Risk

The post Ethereum Whales Face $1.7 Billion Liquidation Risk appeared first on Coinpedia Fintech News

Several Ethereum whales are at risk of major liquidations as ETH trades near $1,900. Trend Research leads with 356,000β€―ETH ($671β€―million) vulnerable between $1,562 and $1,698, followed by Joseph Lubin with 293,000β€―ETH ($553β€―million) and the β€œ7 Siblings” group with 287,000β€―ETH ($541β€―million) exposed near $1,029 to $1,075. Trend Research recently sold 170,000β€―ETH ($322β€―million) and repaid $344β€―million in loans, reducing exposure. If ETH prices drop further, forced liquidations could trigger sell-offs, though adding collateral may help whales avoid wipeouts.

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