The “cave” is called The Hidden Hollow and it’s located under the Onslaught Harbor, with the entrance at  (9,49) in western Icecrown. It’s a good thing to come here with a tank geared character so you won’t need too much time to regen. An AoE spec for a DPS is also a good thing to have if you come here. It’s an excellent place to farm raw coins and green items to sell or disenchant. This is actually the place where I grinded for enchanting materials to skill up all the 50 enchanting from 400 to 450.

Here is a video I found regarding this spot.

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