As the crypto market experiences another dip, two significant crypto whales are facing a potential wipeout.

Fresh data from LookOnChain reveals that two major holders on Maker are at increasing risk of liquidation as Ethereum (ETH) prices have slumped. These whales are sitting on a massive 125,603 ETH, roughly $238 million, and this hefty sum is now teetering on the edge of liquidation.

The health of these whales’ positions has slipped to a precarious 1.07. If the price of ETH slides further to $1,805 and $1,787 respectively, these big players could face liquidation unless they quickly inject more funds to shore up their positions.

Currently, Ethereum is trading around $1,875. Having spent much of the week riding high above $2,000, the leading altcoin could be in for a wild ride if these liquidations are triggered.

ETH recently touched a low of $1,804 this month. Meanwhile, Bitcoin is hovering around $83,600, just clinging to that crucial $80,000 support level.

*This is not investment advice.