According to @PeckShieldAlert, after ETH fell below $2,900, a whale at address 0x3ee3...42a6 was liquidated on a long wstETH position totaling $6.52M, source: @PeckShieldAlert. The account had borrowed USDC against wstETH collateral, and the position was liquidated as collateral value declined with ETH, source: @PeckShieldAlert.

According to Lookonchain, utilization on Lista DAO’s vaults managed by MEV Capital and Re7 Labs reached 99%, triggering a forced liquidation on-chain. Source: Lookonchain. Lookonchain also reported that utilization rates on several DeFi platforms are now above 90% and advised users with funds deposited across protocols to stay safe. Source: Lookonchain.