ETH defi faces massive liquidations around $720
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ETH defi faces massive liquidations around $720

<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/z17lar/eth_defi_faces_massive_liquidations_around_720/"> <img src="https://external-preview.redd.it/BgoqocC833q15S6s6892lQUQxmALYi1-dfnz25B0lms.jpg?width=640&amp;crop=smart&amp;auto=webp&amp;s=0c728156ce538d4bdf751ad00fe2e2da6759eedc" alt="ETH defi faces massive liquidations around $720" title="ETH defi faces massive liquidations around $720" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>The recent drop ETH price in the crypto market is seeing some potential liquidations looming. Available data points to MakerDAO and AAVE as the biggest targets. <a href="https://defillama.com/liquidations/eth">https://defillama.com/liquidations/eth</a></p> <p>&#x200B;</p> <p><a href="https://preview.redd.it/skkba304uc1a1.png?width=1060&amp;format=png&amp;auto=webp&amp;s=643dcb20cb47286766af571460fa1e4c3d2a4d24">ETH potential liquidations</a></p> <p>According to the data that is readily available on DefiLlama there is almost <strong>500.000 ETH</strong> to be liquidated if the price reaches <strong>~$720</strong></p> <p>The recent FTX hack along with some macro stuff might be a tipping point in finally reaching those huge liquidations.</p> <p>Just to remind you, these boys were saved by a thread last time during the 3AC liquidation.</p> <p>This time there is no SBF to dump, but the sheer weight of the bear market... and an occasional hacker.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Chysce"> /u/Chysce </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/z17lar/eth_defi_faces_massive_liquidations_around_720/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/z17lar/eth_defi_faces_massive_liquidations_around_720/">[comments]</a></span> </td></tr></table>
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