PANews reported on April 7 that according to PeckShieldAlert monitoring, an address (0xcaf1...666e) was liquidated due to a 20% plunge in the price of Ethereum in the past 24 hours. The address previously provided 43,600 WETH and 163.48 wstETH as collateral and borrowed $56 million worth of stablecoins. During the liquidation process, a total of 5,000 WETH (about $6.93 million) were seized.
A certain address was liquidated due to the ETH crash, and 5,000 WETH were seized
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