A significant liquidation event occurred as the address 0x34d1…4ac1 was liquidated for approximately 15,000 ETH, valued at $24 million, following Ethereum's price drop below $1,600. Despite this, the address continues to hold a substantial position, with 31,500 WETH supplied and 38 million USDT borrowed, collectively valued at around $11.84 million.
Ethereum Whale Liquidated for $24M as Price Dips Below $1,600
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