The Ethereum Foundation is now facing a major financial risk after locking a huge amount of ETH into a MakerDAO vault. This decision has put the foundation in debt by about 78 million DAI, a stablecoin tied to the U.S. dollar.
But the real danger lies ahead—if Ethereum’s price crashes to $1,100, the foundation’s collateral could be liquidated, triggering on-chain liquidations worth over $900 million.
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