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A giant whale 40 million dollar Ethereum position or face liquidation

According to Lookonchain monitoring, as the market falls, an Ethereum whale is about to face liquidation. The whale has deposited 12,734 ETH ($40 million) to Compound and lent 31.40 million dollars of stablecoins, with a healthy rate of only 1.06. When ETH falls to $2,984, the whale will be liquidated.