I just came across something crazy—there’s a MakerDAO vault holding over 100,000 ETH with a liquidation price of $1,127 per ETH. If ETH ever drops that low, this position could be wiped out, flooding the market with forced liquidations.
At first, everyone thought this was the Ethereum Foundation's vault, which would have been insane. But after digging deeper, it looks like it's actually controlled by an early Ethereum whale. Still, the risk is real—if the market tanks, this could trigger a massive cascade of liquidations.
In summary, it might be a never ending story...
Talking about Story, right now, there aren’t many cryptos pumping, but STORY is one of the few. Personally, I don’t think its pump will last forever, so I’m using Unleash Protocol to short STORY and get points for their next potential airdrop. You can join me here: Unleash Protocol Quests
Use of the following invite codes:
UP-CAS86DTN, UP-8ANKYULN, UP-7NTJUISB, UP-QZAZB8G5, UP-VWUMW95A
Disclaimer: This is not financial advice.