Ethereum ETH has seen a sharp decline of 11.5 percent in the last 24 hours, putting investors on high alert. This drop draws the cryptocurrency dangerously close to triggering significant liquidations on MakerDAO. According to on-chain data, three major positions with valuations ranging from 109 million to 126 million are at risk of liquidation if ETH prices fall to 1,926, 1,842, and 1,793 respectively. Investors are eagerly watching the situation as further declines could unleash a wave of liquidations, stressing the volatile nature of cryptocurrency investments.