{"id":661181,"date":"2025-04-07T09:00:33","date_gmt":"2025-04-07T06:00:33","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/ethereum-whale-gets-liquidated-106m-on-sky-amid-crypto-bloodbath\/"},"modified":"2025-04-07T09:00:33","modified_gmt":"2025-04-07T06:00:33","slug":"ethereum-whale-gets-liquidated-106m-on-sky-amid-crypto-bloodbath","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/ethereum-whale-gets-liquidated-106m-on-sky-amid-crypto-bloodbath\/","title":{"rendered":"Ethereum whale gets liquidated $106M on Sky amid crypto bloodbath"},"content":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\">\n                        <img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDQvMDE5NjBlN2ItZDc5OC03YTQxLTg3NGUtZTdlYzhmOGFkMWY4.jpg\" class=\"type:primaryImage\">\n                    <\/p>\n<p>ETH prices have tanked more than 14%, causing liquidations on decentralized finance lending platforms.<\/p>\n<p><p>An Ether investor who had a large position on decentralized finance (DeFi) lending platform Sky has been liquidated to the tune of more than $100 million as the price of Ether crashed.\u00a0<\/p>\n<p>The Ether (ETH) whale lost 67,570 ETH worth around $106 million when the asset crashed by around 14% on April 6, liquidating his collateralized debt position on Sky, <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/maker.defiexplore.com\/address\/0x6bb8bc41e668b7c8ef3850486c9455b5c86830b3\" rel=\"null\" target=\"null\" title=\"null\">according<\/a> to Maker Vaults explorer DeFi Explore, and as <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/lookonchain\/status\/1909039852848656653\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/x.com\/lookonchain\/status\/1909039852848656653\">observed<\/a> by Lookonchain.<\/p>\n<p>The Sky lending protocol, which rebranded from Maker in August, is used by DeFi participants to create collateralized debt positions by providing crypto, ETH in this case, to borrow the platform\u2019s stablecoin, DAI (DAI).<\/p>\n<p>Read more<\/p>\n<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/category\/general\/\" target=\"_blank\" >General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/ethereum-whale-loses-106-million-maker-amid-crypto-bloodbath?utm_source=rss_feed&#038;utm_medium=feed&#038;utm_campaign=rss_partner_inbound\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ETH prices have tanked more than 14%, causing liquidations on decentralized finance lending platforms. An Ether investor who had a large position on decentralized finance (DeFi) lending platform Sky has been liquidated to the tune of more than $100 million as the price of Ether crashed.\u00a0 The Ether (ETH) whale lost 67,570 ETH worth around&#8230;<\/p>\n","protected":false},"author":1,"featured_media":661182,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-04\/01960e7b-d798-7a41-874e-e7ec8f8ad1f8","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[76701,74868,74891,77655,76700],"class_list":["post-661181","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-dai","tag-defi","tag-ethereum","tag-maker","tag-makerdao"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/661181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=661181"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/661181\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/661182"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=661181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=661181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=661181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}