{"id":20883,"date":"2025-04-07T10:17:09","date_gmt":"2025-04-07T10:17:09","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=20883"},"modified":"2025-04-07T10:17:09","modified_gmt":"2025-04-07T10:17:09","slug":"tariff-fallout-slaps-ether-bulls-with-looming-100m-liquidation","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=20883","title":{"rendered":"Tariff Fallout Slaps Ether Bulls With Looming $100M Liquidation"},"content":{"rendered":"
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Analysis of on-chain data curated by DefiLlama shows that nearly $100 million in ether (ETH) positions are at risk if the price slides by 15%.<\/p>\n

Traders in Asia faced a sea of red<\/a> during the Monday business day as the ripple effects of U.S. President Donald Trump’s tariff policy were felt around the world.<\/p>\n

ETH is down nearly 16% Monday, according to CoinDesk data<\/a>, now trading above $1490, while the CoinDesk 20 index<\/a> is down 13%, and market participants fear that the U.S. open could bring more pain.<\/p>\n

Should the U.S. open bring another 15% drop in ETH’s price, sending it below $1,274, more than $100 million in leveraged positions could face imminent liquidation.<\/p>\n

On-chain liquidations are potentially more impactful than those related to derivatives as it involves spot assets being sold onto the market. In MakerDAO’s case, a liquidated position is auctioned off at a cheaper rate to traders who can then sell at a relative premium, flooding the market with supply and creating more sell pressure.<\/p>\n

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One wallet which would get liquidated at $141<\/a>8 had a number of close calls Monday but trimmed its holdings of ETH and paid back repaid some of the DAI it owed.<\/p>\n

DeFiLlama data also shows<\/a> that should the price of ETH sink by 20%, another $36 million is at risk.<\/p>\n

The largest single ETH position<\/a>, with $147 million in collateral locked, has a strike price of $1,132.<\/p>\n

Lending protocols were some of the hardest hit tokens during the Monday Asia trading day, with CoinGecko data<\/a> showing that the category is down 17% on-day as concern grows about the health of levarage around some positions.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Analysis of on-chain data curated by DefiLlama shows that nearly $100 million in ether (ETH) positions are at risk if the price slides by 15%. Traders in Asia faced a sea of red during the Monday business day as the ripple effects of U.S. President Donald Trump’s tariff policy were felt around the world. ETH […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-20883","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20883"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20883\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}