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PANews reported on January 9 that on-chain analyst Ember tweeted that a small price correction at ETH/BTCExchange Rate 1 hour ago caused the lending health of a large Holdings (Whale) to fall below 1, triggering a liquidation event. In this liquidation, 3,870.79 ETHCollateral of the Whale was used to repay 183 WBTC of borrowings. At present, the whale's lending health is 1.01, which is still on the verge and may continue to face the risk of liquidation once it falls below 1.

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