#Trader Aave liquidated#

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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 approximately $90,810, the trader will be liquidated again.

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Analysis

Recently, a trader has been liquidated three times in a row on the Aave platform, drawing market attention. It is reported that the trader has been liquidated three times in the past 35 days, on December 6th, December 10th, and December 17th, 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, the trader will be liquidated again. This indicates that the trader may have used high leverage for trading and faced high risks. This incident also reminds investors to carefully assess risks and take risk control measures when engaging in high-leverage trading.

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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 a large amount of WBTC on Aave, facing a very high liquidation risk.

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If the price of BTC drops to around $90,810, the trader will be liquidated again.

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This incident serves as a reminder that leveraged trading in the crypto market carries extremely high risks and requires careful operation.

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