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A certain Address was liquidated due to the big dump of ETH, and 5000 WETH was seized.
PANews reported on April 7 that, according to PeckShieldAlert monitoring, an Address (0xcaf1…666e) was liquidated due to a 20% big dump in the price of Ethereum over the past 24 hours. This Address had previously provided 43,600 WETH and 163.48 wstETH as collateral and borrowed stablecoins worth $56 million. During the liquidation process, a total of 5,000 WETH (approximately $6.93 million) was seized.