PANews
PANews|Apr 07, 2025 07:13
A certain address was liquidated due to a sharp drop in ETH, and 5000 WETH coins were seized According to PeckShieldAlert monitoring, an address (0xcaf1... 666e) has been liquidated due to a 20% drop in Ethereum prices in the past 24 hours. The address previously provided 43600 WETH and 163.48 wstETH as collateral, and borrowed stablecoins worth $56 million. During the liquidation process, a total of 5000 WETH (approximately 6.93 million US dollars) were seized.
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