A whale’s Ethereum worth $105 million was liquidated after ETH dropped $1,650, despite the whale adding 2,160 ETH to delay the liquidation. Ethereum faced intensified selling pressure in the past 24 hours, resulting in a sharp 19% decline that brought its price down to $1,460. Over the past month, ETH has dropped by 30%, driven by broader macroeconomic concerns.  This steep descent has unsettled the market and triggered significant liquidation events, including the collapse of a massive whale position tied to a $105 million collateralized loan. Desperate Measures Fail to Prevent Liquidation In an attempt to rescue his position, a whale holding a 67,500 ETH collateralized loan with a $1,650 liquidation threshold added new collateral early in the morning.  The wallet added 2,160.52 ETH in three separate transactions: 1000.25 ETH, 1000 ETH, and 160 ETH. This effort slightly improved the collateral ratio from 152.13% to 160.25%. However, the new ratio remained dangerously close to the liquidation threshold of approximately 145%. The price of ETH continued to slide, falling below the critical $1,650 mark. This drop activated liquidation protocols on the loan. Over the next hour, multiple automated actions occurred, starting with the liquidation of approximately 32,106 ETH to cover 35.3 million DAI. A second liquidation of roughly 32,076 ETH against the same DAI value followed, and smaller liquidations were recorded again. These events totally liquidated the 67,500 ETH position, fully repaying a 74.4 million DAI loan. With this wave of decline, the whale position of 67,500 ETH ($105 million) loan position liquidation line at $1,650 was completely liquidated, which also contributed to the further decline of ETH. He also added 2,160 ETH of collateral to lower the liquidation line. @EmberCN… — Wu Blockchain (@WuBlockchain) April 7, 2025 Position Narrowly Avoids Liquidation While one position was fully liquidated, another whale narrowly avoided a similar fate by adjusting their holdings just in time. This second position originally held 57,000 ETH with a liquidation price set at $1,564. The market drop pushed ETH close to that threshold, posing a serious risk of forced liquidation. Roughly 90 minutes before hitting that margin, the wallet sold 3,920.8 ETH and exchanged it for 5.775 million DAI. This move helped reduce the overall position size and lowered the liquidation price. Now holding 53,000 ETH, the adjusted liquidation threshold sits at $1,495, still within a vulnerable range given ongoing market volatility.