According to Odaily, a significant liquidation event has occurred. The address 0x4bbc...27b1 has liquidated 59.63 million cDAI, which is approximately equivalent to $1.39 million. This event marks a substantial movement within the digital currency market. Further details regarding the reasons behind this liquidation or the potential impact on the market have not been disclosed. It remains to be seen how this will affect the overall market dynamics of cDAI.