#Trader Aave liquidated#
Hot Topic Overview
Overview
Recently, a trader has suffered three consecutive liquidations on the Aave platform, resulting in significant losses. The most recent liquidation occurred 9 hours ago, with a loss of 1495 ETH ($4.97 million), marking the trader's third liquidation in the past 35 days. Previously, the trader was liquidated for 44.86 WBTC ($4.37 million) on December 10, 2024, and 95.46 WBTC ($9.25 million) on December 6, 2024. Currently, the trader holds 541.68 WBTC ($51.10 million) on Aave. If the price of BTC drops to approximately $90,810, the trader will be liquidated again.
Ace Hot Topic Analysis
Analysis
Recently, a trader on the Aave platform has experienced multiple liquidations, drawing market attention. The trader has been liquidated three times in the past 35 days, on December 6th, December 10th, and December 17th, with losses of $9.25 million, $4.37 million, and $4.97 million respectively. Currently, the trader holds 541.68 WBTC on Aave, worth approximately $51.1 million. If the price of Bitcoin drops to around $90,810, they will be liquidated again. This indicates that the trader may have used high leverage and suffered significant losses due to Bitcoin price fluctuations. This incident also serves as a reminder to investors to carefully manage risks, avoid excessive leverage, and implement proper risk management when trading on decentralized finance platforms.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
This trader has been liquidated three times in the past 35 days, resulting in significant losses.
The trader currently holds 541.68 WBTC on Aave, and will be liquidated if the price of BTC drops to around $90,810.
The trader's leverage is too high, resulting in a huge risk exposure.
The strictness of Aave's liquidation mechanism makes traders vulnerable to losses during market fluctuations.