64,800 ETH on the verge of liquidation. The whale address has added margin to reduce the risk of liquidation.

PANews reported on March 31 that @ai_9684xtpa reported that a whale holding 64,792 ETH finally added margin when the liquidation price was only $3 away. The whale withdrew 1.68 million USDT from Bitfinex 12 minutes ago, and then exchanged 1.608 million USDT for DAI and partially repaid the loan.

Currently, the whale has pledged a total of 64,792 ETH to borrow 66.51 million DAI, and the liquidation price has been reduced to $1,745. There is still a safety margin of about $40 from the current market price, temporarily avoiding the liquidation risk.