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The giant whale that offered 56,995 WETH to borrow DAI on Maker is on the verge of liquidation

According to Spot On Chain, a whale offered 56,995 WETH (worth about $90.80 million) on Maker to borrow DAI, which is currently close to being liquidated at a clearing price of $1,564.58. Earlier today, due to the price plunge, another giant whale has cleared 67,569 ETH ($106 million) at $1,650 to repay a $74.49 million loan, and in the last 24 hours, the cryptocurrency market has cleared a total of $898 million, mostly from long positions.