A certain ETH lending whale position is approaching the liquidation line, selling 238 ETH for 488000 DAI repayment Odaily Planet Daily News: According to on chain analyst Yu Jin's monitoring, a certain ETH lending whale position is approaching the liquidation line. He mortgaged 23800 ETH ($48.56 million) on Spark (@ parkdotfi) and lent 35.27 million DAI. The liquidation price for the position is $1800. As ETH fell to the $2K mark, only $250 away from its clearing price, he was forced to start cutting losses and reducing positions: he had just sold 238 ETH for 488000 DAI repayment. If it continues to decline, he can only continue to sell ETH to lower the clearing price.