#Trader Aave liquidated#
Hot Topic Overview
Overview
Recently, a trader on the decentralized lending platform Aave has suffered multiple liquidations, being liquidated three times in the past 35 days, resulting in losses exceeding $18.59 million. The most recent liquidation 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 BTC drops to around $90,810, he will be liquidated again.
Ace Hot Topic Analysis
Analysis
Recently, a trader experienced three liquidations on the decentralized lending platform Aave, resulting in significant losses. The first incident occurred on December 6, 2024, where the trader was liquidated 95.46 WBTC, worth approximately $9.25 million. The second liquidation happened on December 10, 2024, with 44.86 WBTC being liquidated, valued at around $4.37 million. The most recent liquidation occurred 9 hours ago, where the trader was again liquidated 1495 ETH, worth approximately $4.97 million. Currently, the trader holds 541.68 WBTC on Aave, valued at approximately $51.10 million. If the price of Bitcoin drops to around $90,810, the trader will be liquidated again. This indicates that the trader may have used high leverage for trading and lacked sufficient control over market volatility risks, leading to multiple liquidations in recent times.
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. If the price of BTC drops to around $90,810, they will be liquidated again.
The trader has a high leverage ratio and a large risk exposure.
Aave's liquidation mechanism can lead to significant losses for users during market fluctuations.