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A certain address was liquidated due to the ETH crash, and 5,000 WETH were seized

A certain address was liquidated due to the ETH crash, and 5,000 WETH were seized

CointimeCointime2025/04/07 09:44
By:Cointime

according to PeckShieldAlert monitoring, an address (0xcaf1...666e) was liquidated due to a 20% drop in the price of Ethereum in the past 24 hours. The 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 5000 WETH (approximately $6.93 million) was seized.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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