#Trader Aave liquidated#
Hot Topic Overview
Overview
A trader has been liquidated three times in a row on the Aave platform, with the most recent liquidation occurring 9 hours ago, resulting in a loss of 1495 ETH ($4.97 million). Previously, the trader was liquidated on December 10th and December 6th, losing 44.86 WBTC ($4.37 million) and 95.46 WBTC ($9.25 million), respectively. Currently, the trader holds 541.68 WBTC ($51.10 million) on Aave. If the price of BTC drops to around $90,810, they will be liquidated again.
Ace Hot Topic Analysis
Analysis
Recently, a trader suffered three liquidations on the decentralized lending platform Aave, resulting in significant losses. According to DeBank data, the trader was liquidated on December 6th, December 10th, and recently, within the past 35 days, losing $9.25 million, $4.37 million, and $4.97 million respectively. Currently, the trader still holds 541.68 WBTC on Aave, worth approximately $51.1 million. If the price of Bitcoin drops to around $90,810, they will face another liquidation risk. This incident serves as a reminder to investors to exercise caution when using decentralized lending platforms, carefully control leverage, and implement robust risk management strategies to avoid substantial losses due to market fluctuations.
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.
This incident serves as a reminder that leveraged trading is extremely risky and requires careful operation.
Risk control mechanisms on decentralized finance platforms such as Aave need further improvement.