The decentralized finance (DeFi) ecosystem found itself on shaky ground as liquidations soared. In the last 24 hours, the DeFi ecosystem witnessed more than $5.4 million in collateral liquidations of which Ethereum (ETH) held a massive share. This comes amid the Ethereum price drop to $3,200 after it neared rhe $4,100 mark earlier this month. The post Ethereum Price Risks $24M Collateral Liquidation If ETH Falls To This Level appeared first on CoinGape .