Data: If ETH continues to drop by about 19%, it will trigger a $340 million liquidation
ChainCatcher news, according to CoinDesk, on-chain data shows that when the ETH price reaches $1,926, $1,842, and $1,793, three MakerDAO positions will be liquidated, with each position valued between $109 million and $126 million.
Currently, the trading price of ETH is around $2,390. To trigger the liquidation of MakerDAO, ETH needs to drop by about 19%.
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