According to Odaily, an address identified as 0x47ab...4781 has been liquidated for 89.43 WBTC, valued at $5.28 million, and 2,790 cETH, valued at $156,760.

The liquidation event highlights the ongoing volatility and risks associated with cryptocurrency investments. The substantial amounts involved underscore the importance of monitoring and managing digital assets effectively to avoid significant financial losses.

This incident serves as a reminder for investors to stay vigilant and informed about market conditions and the potential for sudden liquidations in the crypto space.