67,000 ETH on the verge of liquidation, the whale is only $100 away from the liquidation price of its ETH position

as monitored by on-chain analyst Yu Jin, a whale with 67,000 ETH is close to liquidation, with a liquidation price of only $100 away from its ETH position. On March 11, this whale's 67,000 ETH position was close to liquidation due to the drop in ETH price, but it managed to avoid liquidation by repaying and reducing its position. The subsequent rebound in ETH temporarily removed the liquidation risk from its position, without any further actions such as increasing collateral or reducing positions to lower the liquidation price. Now that ETH is falling again, if it drops another $100, its position will be liquidated again.