#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 lost 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 around $90,810, the trader will be liquidated again.
Ace Hot Topic Analysis
Analysis
Recently, a trader on the Aave platform experienced three liquidations, resulting in significant losses. The first occurred on December 6, 2024, with a loss of 95.46 WBTC ($9.25 million). The second occurred on December 10, 2024, with a loss of 44.86 WBTC ($4.37 million). The third occurred 9 hours ago, with a loss of 1495 ETH ($4.97 million). The trader currently holds 541.68 WBTC ($51.10 million) on Aave. If the price of Bitcoin drops to around $90,810, he will be liquidated again. This indicates that the trader engaged in high-leverage borrowing operations on Aave, exposing him to significant risk. Due to the high volatility of Bitcoin prices, the trader's liquidation events serve as a reminder to investors to exercise caution when engaging in high-leverage trading and to implement effective risk management strategies.
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 a large amount of WBTC on Aave, and will be liquidated again if the price of BTC drops to around $90,810.
The trader's liquidation events serve as a reminder that leveraged trading is highly risky and requires careful operation.
Aave platform's liquidation mechanism is automatically executed during market fluctuations, posing a potential risk to traders.