Analysis suggests that if Ethereum (ETH) price falls another 20% from its current level ($1,878), it could trigger $336 million worth of collateral liquidations across major DeFi platforms. Kevin Rusher, founder of real-world asset (RWA) lending platform RAAC, stated in an interview with Cointelegraph on the 13th (local time), "If ETH price drops to $1,857, we'll see $136 million worth of loan positions liquidated," adding that "if the price falls to $1,780, an additional $117 million in liquidations is highly likely." He further analyzed, "In the worst-case scenario, if ETH price drops to $1,500, a total of $336 million in liquidations could occur," emphasizing that "investors should therefore keep an eye on these price levels." Meanwhile, as of 00:33 on the 14th, ETH is trading at $1,878.99 on Binance's Tether (USDT) market, up 1.16% from the previous day.
March 13PiCK