Crypto Whale's $74M Liquidation Shock!
A major crypto whale faces a shocking $74 million loss after a sudden 20% drop in Ethereum's price! This gripping tale unfolds as the whale's ETH-backed loan on the DeFi protocol Sky teeters on the brink of liquidation. Watch as we dive into the details of this dramatic liquidation event, where the value of the whale's collateral plummets, leading to a massive sell-off. Discover how Ethereum's recent decline to its lowest price since January 2023 has rattled even the most seasoned investors. Join us to explore the risks and mechanics behind DeFi protocols and the cascading effects of large-scale liquidations.
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#Crypto #Ethereum #DeFi #Liquidation #Investing
OUTLINE:
00:00:00 Crypto Whale's $74M Liquidation Shock!
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