According to BlockBeats, on July 4, according to Lookonchain monitoring, as the market fell, an Ethereum whale was about to face liquidation. He had deposited 12,734 ETH (40 million US dollars) in Compound and lent out 31.4 million US dollars in stablecoins, with a health rate of only 1.06.

He will be liquidated when the price of ETH drops to $2,984.