#Trader Aave liquidated#
Hot Topic Overview
Overview
A trader has been liquidated three times in the past 35 days, most recently 9 hours ago, losing 1495 ETH ($4.97 million). The trader currently holds 541.68 WBTC ($51.10 million) on Aave, and will be liquidated again if the price of BTC drops to around $90,810. Previously, the trader was liquidated on December 10th and December 6th, 2024, losing 44.86 WBTC ($4.37 million) and 95.46 WBTC ($9.25 million) respectively.
Ace Hot Topic Analysis
Analysis
Recently, a trader has been liquidated three times in a row on the decentralized lending platform Aave, drawing market attention. According to DeBank data, the trader was liquidated on December 6th, December 10th, and December 17th in the past 35 days, 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, he will be liquidated again. This indicates that the trader may have used high leverage to trade and suffered huge losses when the price of Bitcoin fell. This incident also reminds investors to carefully control risks when trading on decentralized lending platforms, avoid excessive leverage operations, and prevent liquidation risks.
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 BTC drops to around $90,810.
The trader's leverage is too high and risk control is insufficient, leading to multiple margin calls.
Aave's liquidation mechanism protects the platform's stability to some extent, but it can also lead to significant losses for users.