April 24, 2025

Major Ethereum Whale Risks Liquidation Amid Wider Crypto Market Downturn as ETH Drops 7% in a Week

1 min read

A major cryptocurrency whale that deposited over $40 million worth of the second-largest cryptocurrency Ethereum ($ETH) into a lending protocol to borrow stablecoins is currently risking being liquidated and becoming a forced seller over the recent crypto market decline. According to on-chain analysis firm Lookonchain, the whale deposited 12,734 ETH to lending protocol Compound, at

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Source: CryptoGlobe

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