🐋 $106M ETH Whale Got Liquidated – DeFi Doesn’t Flinch

Boom. 67,570 ETH gone.

One giga-whale just got rekt on Sky (formerly MakerDAO) after ETH dropped 14%.

Why?

Collateral ratio dipped to 144% (below the 150% line).

Sky didn’t blink — auto-liquidation triggered.

ETH seized. Auctioned. DAI debt paid.

Leftovers? Just crumbs.

And it’s not over:

Another whale’s on the edge — 56,995 wETH ($91M) about to join the slaughter if ETH slips again.

DeFi Reality Check:

It’s permissionless.

It’s automated.

It doesn’t care how deep your bags are.

One dip, and you’re not a whale — you’re just another wallet getting wiped.

Surviving DeFi Rule #1:

Don’t fight the liquidation bots.

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