67,000 ETH is on the verge of liquidation. The whale is only $35 away from its ETH position liquidation price

According to on-chain analyst Yu Jing, 67,000 ETH are on the verge of liquidation as the whale is only $35 away from its ETH position's liquidation price.

Previously, on March 11th, this whale's 67,000 ETH position was close to being liquidated due to a drop in ETH prices. However, it managed to maintain its position without entering into liquidation by repaying and reducing positions. The subsequent rebound in ETH temporarily removed his position from the risk of liquidation. After that, there were no actions taken such as adding margin or reducing positions to lower the liquidation price. Now that ETH is quickly falling again, if it drops another $100 their position will be up for liquidation once more.