This article delves into the recent liquidation of an Ethereum whale on the Sky lending protocol, the mechanics behind collateralized debt positions, and the broader implications of the current bear ...

Read more about Cryptonews A massive DeFi liquidation has raised eyebrows after an ETH whale was liquidated on Sky, formerly known as Maker, losing 67,570 ETH valued at approximately $106 million. The ...

Ethereum's sudden drop is wreaking havoc. One whale with a large loan on Sky got liquidated. Others could follow if Ethereum's price continues to fall. A heavyweight DeFi user lost $74 million on ...

Spot On Chain reported that another whale that supplied 56,995 wrapped ETH, worth around $91 million, to borrow DAI was on the verge of liquidation. In a liquidation event, Sky seizes the ETH ...