An address was liquidated due to the plunge in ETH, and 5,000 WETH were seized
2025-04-07 07:13:29
According to PeckShieldAlert, an address (0xcaf1... 666e) was liquidated after the price of Ethereum plummeted 20% in the past 24 hours. The address had previously offered 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 (approximately $6.93 million) was seized.
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