Odaily News According to Embers, an investor who previously held about 67,000 ETH and was on the verge of liquidation successfully hedged. The investor sold 2,882 ETH before the oracle price was updated, exchanged it for 5.21 million DAI repayment, and reduced the liquidation price to $1,781.
As the price of ETH rebounded slightly and the next oracle price update was above its liquidation line, the investor temporarily resolved the crisis.