Three major Ethereum whales are at risk of liquidation on a combined 345,000 ETH, valued at approximately $537 million, according to on-chain analyst Ai Yi. The first whale, active since February, has leveraged 152,195 ETH ($210 million) on Hyperliquid, with health ratios dropping to 1.16 and liquidation prices set at $1,355.63 and $1,280.47. The second entity, linked to Bit, holds 120,000 ETH ($188 million) on Hyperliquid, currently facing an unrealized loss of $84.48 million, with liquidation prices between $1,241 and $1,272. The third whale, dormant for five years, has already seen 31,915.13 ETH liquidated from its 72,706.14 ETH ($113 million) position on Aave, with liquidation prices at $1,472.12 and $1,458.81.