AI Summary
To reduce liquidation risk, the Ethereum Foundation has deposited 30,098 ETH into Maker, bringing their total holdings to 100,394 ETH, significantly lowering the liquidation price to $1,127.06.
According to PANews, a wallet suspected to belong to the Ethereum Foundation deposited 30,098 ETH, valued at approximately $56.08 million, into Maker five hours ago to mitigate liquidation risk. The total holdings of this wallet on Maker have now reached 100,394 ETH, approximately $182 million. The latest liquidation price has decreased to $1,127.06.
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