Major positions on MakerDao under the threat of liquidation due to the fall of ETH

The decrease in the price of the cryptocurrency Ethereum (ETH) again threatened the liquidation of large positions on the MakerDao platform. According to the researchers of the analytical company Lookonchain, 2 wallets that own 125,603 ETH (about $ 238 million) are on the verge of forced positioning positions at once. The coefficient of their health of positions decreased to 1.07, and the critical levels of liquidation are $ 1,805 and $ 1,787 per ether. Note that at the time of writing this news, the digital coin is traded near the $ 1850 mark, having lost about 1.8% in the past 24 hours

The company’s analysts also distinguish other key risk zones, including $ 1929, $ 1844 and $ 1796 (the first 2 have already been touched today). If the price of ETH continues to decline, liquidation can affect assets worth about $ 1.3 billion, which can increase pressure on the market. However, some large players, on the contrary, use current levels for buying a coin, which will talk about the potential point of the turn.

Historically, sharp drawings of ETH quotes have already led to major liquidations on MakerDao. In February 2025, a similar situation threatened positions in the amount of $ 340 million, when the price of ETH fell below $ 1900. Then investors escaped mass liquidations due to the urgent replenishment of the pledge and partial repayment of the debt.

The current situation causes concern against the background of the general instability of the crypto. Any wave of compulsory liquidations can lead to further reduction ETHcreating the domino effect for other borrowed positions. Investors are recommended to monitor the dynamics of the ether course and evaluate the risks associated with the use of a credit shoulder in conditions of high volatility.

Author

Peter Ivanov