Ethereum Whale Faces Liquidation Risk Amid Market Decline, Holding 12,734 ETH in Compound

A significant cryptocurrency whale has put over $40 million worth of Ethereum ($ETH) into a lending protocol, leading to potential liquidation due to the ongoing market downturn. The whale’s deposit was 12,734 ETH, used as collateral to borrow $31.4 million in stablecoins, now at risk as ETH prices dip. Should Ethereum’s price drop to $2,984,

Source: CoinOtag