ETH whale liquidated for 21,540 ETH, with 82,871 ETH still at risk

An ETH whale was force-liquidated for 21,540 ETH, worth approximately $33.7 million, after the cryptocurrency's price plummeted to the $1,540 range overnight, according to a post on X by EmberCN. The position's liquidation price was $1,565. EmberCN noted that the price rebounded immediately after the event, suggesting the drop may have been targeted to trigger the liquidation. The same address still holds a loan position of 82,871 ETH ($132 million), with further liquidation prices at $1,527 and $1,459.