#Trader Aave liquidated#

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Overview

Recently, a trader has been liquidated three times 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 on December 10th and December 6th, 2024, 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 approximately $90,810, the trader will be liquidated again.

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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). Currently, the trader holds 541.68 WBTC ($51.10 million) on Aave. If the price of Bitcoin drops to around $90,810, they will be liquidated again. This indicates that the trader has a very high leverage ratio and is highly sensitive to market fluctuations. In the current environment of heightened market volatility, high-leverage trading carries extreme risks. Investors need to exercise caution and avoid similar liquidation events.

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This trader has been liquidated three times in the past 35 days, resulting in significant losses.

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The trader currently holds 541.68 WBTC on Aave, and will be liquidated if BTC drops to around $90,810.

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The trader's leverage is too high and risk control is insufficient, leading to multiple liquidations.

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Aave's liquidation mechanism can lead to significant losses for users during market fluctuations.

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