According to PeckShieldAlert, an address (0x94f7...dd9e) was liquidated for 921.50 WETH, valued at approximately $2.19 million, due to the price of ETH falling to $2,300. This liquidation event highlights the risk of holding leveraged positions in volatile markets, particularly for traders using WETH as collateral. Such market movements can trigger forced liquidations, impacting broader market liquidity and trader positions.