Ethereum Whale Faces Liquidation, ETH Price Nosedive

A significant Ethereum whale is on the brink of liquidation due to the ongoing decline in ETH prices. This whale has deposited 12,374 ETH to Compound and borrowed $31.4 million in stablecoins. If Ethereum’s price drops to $2,984, the whale’s long positions will be liquidated. Currently, Ethereum is trading at $3,124, down from the $3,500 The post Ethereum Whale Faces Liquidation, ETH Price Nosedive appeared first on CoinGape .

Source: CoinGape