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MakerDAO Vault with Over $4M Battles Liquidation as Ethereum’s Price Drops

Cointelegraph By Tom Mitchelhill
September 21, 2022
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According to reports, the MakerDAO vault is facing liquidation with over $4.3M locked up as collateral. This is due to the persistent price drop of Ethereum post-Merge despite crossing $1500 pre-Merge.  Ethereum’s Price Drop Could Cause Liquidation of Some DeFi…

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