He explained that the update mechanism of the on-chain oracle is different from that of exchanges. In simple terms, the price quote from the needle cannot be liquidated, so it wasn't liquidated.
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余烬Ember
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The ETH price fell below the liquidation price of several whales with two-digit liquidation margins last night. However, it quickly bounced back without actually breaking through, and after the oracle price update, it did not fall below the liquidation price, so no liquidations occurred.
[64,800 ETH on the verge of liquidation] Steady as a rock, he has seen the price drop to his liquidation price several times but did not take any action to lower his liquidation price. His current liquidation price is $1788, and the ETH price is now only a few dollars away from his liquidation price, extremely dangerous;
Address: 0xab7b99998206d1ccf8b13b02b7566c267f4e2313
[60,800 ETH on the verge of liquidation] added 2,600 ETH collateral and repaid 320,000 DAI last night, lowering the liquidation price of his current 63,400 ETH loan position to $1701. He has temporarily escaped the ICU.
Address: 0x6bb8bc41e668b7c8ef3850486c9455b5c86830b3
[64,800 ETH on the verge of liquidation] Steady as a rock, he has seen the price drop to his liquidation price several times but did not take any action to lower his liquidation price. His current liquidation price is $1788, and the ETH price is now only a few dollars away from his liquidation price, extremely dangerous;
Address: 0xab7b99998206d1ccf8b13b02b7566c267f4e2313
[60,800 ETH on the verge of liquidation] added 2,600 ETH collateral and repaid 320,000 DAI last night, lowering the liquidation price of his current 63,400 ETH loan position to $1701. He has temporarily escaped the ICU.
Address: 0x6bb8bc41e668b7c8ef3850486c9455b5c86830b3
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