TechFlow news: On February 5, analyst Yujin observed that as Ethereum’s price fell to the $2,000 mark, a large leveraged position held by a whale investor on the Spark platform was triggered for liquidation. The investor had collateralized 23,800 ETH (valued at approximately $48.56 million) to borrow 35.27 million DAI, with a liquidation price of $1,800. With the current price only $250 away from the liquidation threshold, the investor urgently sold 238 ETH to repay $488,000 worth of DAI.
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