57,000 ETH is on the verge of liquidation as the Whale once again "timed" a reduce position, with the liquidation price dropping to $1418.

According to BlockBeats news on April 7, monitoring by Yujin indicates that a Whale with 57,000 ETH is nearing liquidation and has once again timed a reduce position, selling 4,055.6 ETH in exchange for 5.72 million DAI for repayment. Currently, their ETH Position is 49,018 ETH, with a liquidation price of $1,418.

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