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You see a fallen tree.

Location

All around Tiquanda, including Chor (here) and between two buildings in Banuta (here), Arena and Zoo Quarter, Queen Eloise's basement (accessible during mission 7 of What a Foolish Quest, here), Underground Glooth Factory (here).

Notes

According to a sign in front of the fallen tree in the Arena and Zoo Quarter, the eyes belong to a ratmonkey, which might be a reference to the Sumatran rat-monkey created by Peter Jackson for his 1992 film Braindead and later referenced in the 2005 remake of King Kong.
See also: Fallen Tree and Mossy Fallen Tree (Something)

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Step on the eyes in order to get an achievement Something's in There.
Spoiler ends here.